GREENACRES, SUN RISE ROAD, BREAM, LYDNEY, GL15 6HZ - £525,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GREENACRES is a small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £547,659. It was last sold for £525,000 in August 2024, which was around 35% above the average August 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was A.

GREENACRES Sold Prices

Land registry data shows three sales for GREENACRES 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 GREENACRES 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 29 AUG	£525,000	£388,277	35% above HPI
2020 17 AUG	£336,500	£326,338	3% above HPI
2011 2 SEP	£230,000	£233,269	1% below HPI

GREENACRES 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 GREENACRES sales between September 2011 and August 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 2020 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2024 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £547,659.

This is based on house price inflation of 4.3%, between August 2024 and February 2025, 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 4.3% inflationary increase is applied to the most recent sale price for GREENACRES of £525,000 on 29th August 2024. For the value to have increased from £525,000 to £547,659 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2024 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since August 2024.

How Large is GREENACRES?

GREENACRES is 99m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of detached houses houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where GREENACRES lies on this distribution: 38% of detached houses houses are smaller than GREENACRES, and 62% of houses are larger. Note that EPC data is not available for all properties in Bream.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.200 of an acre, or 810m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on SUN RISE ROAD in BREAM, in the GL15 postcode district. The below map shows the position of GREENACRES on SUN RISE ROAD.