FOREST VIEW, PINE TREE WAY, VINEY HILL, LYDNEY, GL15 4NT - £360,000

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

FOREST VIEW is a small extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £360,000 in December 2021, which was around 1% above the average December 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

FOREST VIEW Sold Prices

Land registry data shows two sales for FOREST VIEW 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. One of the two FOREST VIEW sales was for above the average price, whilst the other 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
2021 20 DEC	£360,000	£355,797	1% above HPI
2000 17 MAR	£73,000	£101,369	28% below HPI

FOREST VIEW 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 FOREST VIEW sales from March 2000 and December 2021 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 March 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is FOREST VIEW?

FOREST VIEW is 123m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Viney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Viney Hill, and where FOREST VIEW lies on this distribution: 35% of detached houses are smaller than FOREST VIEW, and 65% of houses are larger. Note that EPC data is not available for all properties in Viney Hill.

FOREST VIEW: Plot and Title Map

FOREST VIEW sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of FOREST VIEW, 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 FOREST VIEW). 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 FOREST VIEW?

FOREST VIEW is located on PINE TREE WAY in VINEY HILL, in the GL15 postcode district. The below map shows the position of FOREST VIEW on PINE TREE WAY.