GRIANAN, WILDERNESS DRIVE, MITCHELDEAN, GL17 0HA - £500,000

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

GRIANAN is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £500,000 in December 2022, which was around 29% above the average December 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 E, and the potential energy rating was D.

GRIANAN Sold Prices

Land registry data shows two sales for GRIANAN 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 GRIANAN 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
2022 9 DEC	£500,000	£386,687	29% above HPI
1999 1 SEP	£150,000	£100,218	50% above HPI

GRIANAN 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 GRIANAN sales from September 1999 and December 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 September 1999 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is GRIANAN?

GRIANAN is 121m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Plump Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Plump Hill, and where GRIANAN lies on this distribution: 57% of detached houses are smaller than GRIANAN, and 43% of houses are larger. Note that EPC data is not available for all properties in Plump Hill.

GRIANAN: Plot and Title Map

GRIANAN sits on a plot of roughly 0.507 of an acre, or 2,050m². The below map shows the location of GRIANAN, 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 GRIANAN). 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 GRIANAN?

GRIANAN is located on WILDERNESS DRIVE in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of GRIANAN on WILDERNESS DRIVE.