GILLWOOD, PARKEND ROAD, BREAM, LYDNEY, GL15 6JT - £137,500

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

GILLWOOD is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £137,500 in June 2011, which was around 40% below the average June 2011 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

GILLWOOD Sold Prices

Land registry data shows two sales for GILLWOOD 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 GILLWOOD 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
2011 13 JUN	£137,500	£227,468	40% below HPI
2003 3 DEC	£90,000	£201,215	55% below HPI

GILLWOOD 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 GILLWOOD sales from December 2003 and June 2011 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 December 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2011 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is GILLWOOD?

GILLWOOD is 66m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 10% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where GILLWOOD lies on this distribution: 5% of detached houses are smaller than GILLWOOD, and 95% of houses are larger. Note that EPC data is not available for all properties in Bream.

GILLWOOD: Plot and Title Map

GILLWOOD sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of GILLWOOD, 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 GILLWOOD). 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 GILLWOOD?

GILLWOOD is located on PARKEND ROAD in BREAM, in the GL15 postcode district. The below map shows the position of GILLWOOD on PARKEND ROAD.