FAIRLIGHT, PROSPER LANE, COALWAY, COLEFORD, GL16 7JP - £218,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FAIRLIGHT is a midsized extended detached house of 111m², built sometime before 1900, which could now be worth an estimated £378,787. It was last sold for £218,500 in January 2012, which was around 6% below the average January 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

FAIRLIGHT Sold Prices

Land registry data shows three sales for FAIRLIGHT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three FAIRLIGHT 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
2012 20 JAN	£218,500	£233,641	6% below HPI
1997 10 OCT	£74,000	£83,244	11% below HPI
1995 30 JUN	£65,000	£73,003	11% below HPI

FAIRLIGHT 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 three FAIRLIGHT sales between June 1995 and January 2012 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 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2012 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might FAIRLIGHT be worth now?

FAIRLIGHT might now be worth an estimated £378,787.

This is based on house price inflation of 73.4%, between January 2012 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.4% inflationary increase is applied to the most recent sale price for FAIRLIGHT of £218,500 on 20th January 2012. For the value to have increased from £218,500 to £378,787 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of FAIRLIGHT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The January 2012 sale price of £218,500 represented a fair market value for the property.
• The size, condition, and specification of FAIRLIGHT has not materially changed since January 2012.

How Large is FAIRLIGHT?

FAIRLIGHT is 111m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalway, and where FAIRLIGHT lies on this distribution: 54% of detached houses houses are smaller than FAIRLIGHT, and 46% of houses are larger. Note that EPC data is not available for all properties in Coalway.

FAIRLIGHT: Plot and Title Map

FAIRLIGHT sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of FAIRLIGHT, 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). 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?

FAIRLIGHT is located on PROSPER LANE in COALWAY, in the GL16 postcode district. The below map shows the position of FAIRLIGHT on PROSPER LANE.