CORNERWAYS, BLUE ROCK CRESCENT, BREAM, LYDNEY, GL15 6LW - £187,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CORNERWAYS is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £187,000 in May 2018, which was around 37% below the average May 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two CORNERWAYS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 18 MAY	£187,000	£295,235	37% below HPI
2002 28 MAR	£92,500	£129,177	28% below HPI

CORNERWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two CORNERWAYS sales from March 2002 and May 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 100m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 40% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where CORNERWAYS lies on this distribution: 38% of detached houses are smaller than CORNERWAYS, and 59% of houses are larger. Note that EPC data is not available for all properties in Bream.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of CORNERWAYS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CORNERWAYS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CORNERWAYS?

CORNERWAYS is located on BLUE ROCK CRESCENT in BREAM, in the GL15 postcode district. The below map shows the position of CORNERWAYS on BLUE ROCK CRESCENT.