DRIFFIELD COTTAGE, DRIFFIELD ROAD, LYDNEY, GL15 4EU - £313,000

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

DRIFFIELD COTTAGE is a large extended detached house of 116m², built sometime before 1900. It was last sold for £313,000 in July 2014, which was around 31% above the average July 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

DRIFFIELD COTTAGE Sold Prices

Land registry data shows two sales for DRIFFIELD COTTAGE 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 DRIFFIELD COTTAGE sales were for above 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
2014 25 JUL	£313,000	£238,089	31% above HPI
1999 26 OCT	£127,000	£100,992	26% above HPI

DRIFFIELD COTTAGE 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 DRIFFIELD COTTAGE sales from October 1999 and July 2014 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 October 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2014 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is DRIFFIELD COTTAGE?

DRIFFIELD COTTAGE is 116m², which includes three extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where DRIFFIELD COTTAGE lies on this distribution: 66% of detached houses are smaller than DRIFFIELD COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lydney.

DRIFFIELD COTTAGE: Plot and Title Map

DRIFFIELD COTTAGE sits on a plot of roughly 0.559 of an acre, or 2,263m². The below map shows the location of DRIFFIELD COTTAGE, 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 DRIFFIELD COTTAGE). 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 DRIFFIELD COTTAGE?

DRIFFIELD COTTAGE is located on DRIFFIELD ROAD in LYDNEY, in the GL15 postcode district. The below map shows the position of DRIFFIELD COTTAGE on DRIFFIELD ROAD.