GLEMDENE, PINE TREE WAY, VINEY HILL, LYDNEY, GL15 4NT - £370,000

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

GLEMDENE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £362,192. It was last sold for £370,000 in August 2022, which was around 5% below the average August 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

GLEMDENE Sold Prices

Land registry data shows four sales for GLEMDENE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four GLEMDENE 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
2022 22 AUG	£370,000	£390,261	5% below HPI
2017 23 MAY	£257,000	£276,459	7% below HPI
2006 25 APR	£211,000	£237,843	11% below HPI
1997 18 JUL	£60,000	£83,453	28% below HPI

GLEMDENE 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 four GLEMDENE sales between July 1997 and August 2022 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 May 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might GLEMDENE be worth now?

GLEMDENE might now be worth an estimated £362,192.

This is based on house price deflation of 2.1%, between August 2022 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 2.1% deflationary decrease is applied to the most recent sale price for GLEMDENE of £370,000 on 22nd August 2022. For the value to have decreased from £370,000 to £362,192 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of GLEMDENE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2022 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of GLEMDENE has not materially changed since August 2022.

How Large is GLEMDENE?

GLEMDENE is 70m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Viney Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Viney Hill, and where GLEMDENE lies on this distribution: 4% of detached houses houses are smaller than GLEMDENE, and 96% of houses are larger. Note that EPC data is not available for all properties in Viney Hill.

GLEMDENE: Plot and Title Map

GLEMDENE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of GLEMDENE, 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 GLEMDENE). 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 GLEMDENE?

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