FIRTREE COTTAGE, UNION ROAD, BAKERS HILL, COLEFORD, GL16 7QB - £479,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FIRTREE COTTAGE is a midsized extended detached house of 115m², built sometime before 1900. It was last sold for £479,000 in July 2024, which was around 24% above the average July 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

FIRTREE COTTAGE Sold Prices

Land registry data shows three sales for FIRTREE COTTAGE 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. Two of the three FIRTREE COTTAGE sales were for above the average price, whilst one was 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
2024 11 JUL	£479,000	£384,974	24% above HPI
2012 23 AUG	£208,000	£230,010	10% below HPI
1997 18 APR	£84,000	£78,198	7% above HPI

FIRTREE 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 three FIRTREE COTTAGE sales between April 1997 and July 2024 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 August 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might FIRTREE COTTAGE be worth now?

FIRTREE COTTAGE might now be worth an estimated £475,331.

This is based on house price deflation of 0.8%, between July 2024 and December 2024, 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 0.8% deflationary decrease is applied to the most recent sale price for FIRTREE COTTAGE of £479,000 on 11th July 2024. For the value to have decreased from £479,000 to £475,331 over the seven months to December 2024, the following assumptions must hold true:

• The value of FIRTREE COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2024 sale price of £479,000 represented a fair market value for the property.
• The size, condition, and specification of FIRTREE COTTAGE has not materially changed since July 2024.

How Large is FIRTREE COTTAGE?

FIRTREE COTTAGE is 115m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of detached houses houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleford, and where FIRTREE COTTAGE lies on this distribution: 46% of detached houses houses are smaller than FIRTREE COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Coleford.

FIRTREE COTTAGE: Plot and Title Map

FIRTREE COTTAGE sits on a plot of roughly 0.254 of an acre, or 1,028m². The below map shows the location of FIRTREE 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 FIRTREE 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 FIRTREE COTTAGE?

FIRTREE COTTAGE is located on UNION ROAD in BAKERS HILL, in the GL16 postcode district. The below map shows the position of FIRTREE COTTAGE on UNION ROAD.