FAIRWAYS, PALMERS FLAT, COLEFORD, GL16 7HU - £345,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

FAIRWAYS is a large detached house of 134m², built sometime between 1983 and 1990. It was last sold for £345,000 in April 2019, which was around 8% above the average April 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS 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 FAIRWAYS 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
2019 18 APR	£345,000	£320,767	8% above HPI
2002 28 FEB	£137,000	£129,404	6% above HPI

FAIRWAYS 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 FAIRWAYS sales from February 2002 and April 2019 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 February 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 134m² according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses by size in Coalway, and where FAIRWAYS lies on this distribution: 70% of detached houses are smaller than FAIRWAYS, and 30% of houses are larger. Note that EPC data is not available for all properties in Coalway.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on PALMERS FLAT in COLEFORD, in the GL16 postcode district. The below map shows the position of FAIRWAYS on PALMERS FLAT.