FAIRLIGHT COTTAGE, THE STENDERS, MITCHELDEAN, GL17 0JE - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRLIGHT COTTAGE is a large extended detached house of 115m², built sometime before 1900. It was last sold for £315,000 in March 2022, which was around 15% below the average March 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

FAIRLIGHT COTTAGE Sold Prices

Land registry data shows two sales for FAIRLIGHT 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 FAIRLIGHT COTTAGE 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
2022 16 MAR	£315,000	£371,710	15% below HPI
1999 16 NOV	£23,000	£102,544	78% below HPI

FAIRLIGHT 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 FAIRLIGHT COTTAGE sales from November 1999 and March 2022 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 November 1999 sale was for 78% below the HPI. So the extrapolation line tracks at 78% below the HPI over time, until the March 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is FAIRLIGHT COTTAGE?

FAIRLIGHT COTTAGE is 115m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses in Mitcheldean, based on EPC data. The below chart shows the distribution of detached houses by size in Mitcheldean, and where FAIRLIGHT COTTAGE lies on this distribution: 68% of detached houses are smaller than FAIRLIGHT COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

FAIRLIGHT COTTAGE: Plot and Title Map

FAIRLIGHT COTTAGE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of FAIRLIGHT 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 FAIRLIGHT 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 FAIRLIGHT COTTAGE?

FAIRLIGHT COTTAGE is located on THE STENDERS in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of FAIRLIGHT COTTAGE on THE STENDERS.