FREEDOM COTTAGE, SCHOOL CRESCENT, CORSE, GLOUCESTER, GL19 3RE - £140,000

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

FREEDOM COTTAGE is a very small extended detached house of 87m², built sometime before 1900, which could now be worth an estimated £482,564. It was last sold for £140,000 in July 2000, which was around 26% above the average July 2000 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

FREEDOM COTTAGE Sold Prices

Land registry data shows two sales for FREEDOM 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 FREEDOM COTTAGE 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
2000 17 JUL	£140,000	£110,832	26% above HPI
1996 21 JUN	£85,000	£74,507	14% above HPI

FREEDOM 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 FREEDOM COTTAGE sales from June 1996 and July 2000 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 June 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2000 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might FREEDOM COTTAGE be worth now?

FREEDOM COTTAGE might now be worth an estimated £482,564.

This is based on house price inflation of 244.7%, between July 2000 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 244.7% inflationary increase is applied to the most recent sale price for FREEDOM COTTAGE of £140,000 on 17th July 2000. For the value to have increased from £140,000 to £482,564 over the 23 years and seven months to December 2024, the following assumptions must hold true:

• The value of FREEDOM COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2000 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of FREEDOM COTTAGE has not materially changed since July 2000.

How Large is FREEDOM COTTAGE?

FREEDOM COTTAGE is 87m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of detached houses houses in Corse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corse, and where FREEDOM COTTAGE lies on this distribution: 9% of detached houses houses are smaller than FREEDOM COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Corse.

FREEDOM COTTAGE: Plot and Title Map

FREEDOM COTTAGE sits on a plot of roughly 0.426 of an acre, or 1,723m². The below map shows the location of FREEDOM 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 FREEDOM 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 FREEDOM COTTAGE?

FREEDOM COTTAGE is located on SCHOOL CRESCENT in CORSE, in the GL19 postcode district. The below map shows the position of FREEDOM COTTAGE on SCHOOL CRESCENT.