GROVE HOUSE, PINE TREE WAY, VINEY HILL, LYDNEY, GL15 4NT - £390,000

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

GROVE HOUSE is a midsized extended detached house of 143m², built sometime before 1900. It was last sold for £390,000 in September 2018, which was around 22% above the average September 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

GROVE HOUSE Sold Prices

Land registry data shows two sales for GROVE HOUSE 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. One of the two GROVE HOUSE sales was for above the average price, whilst the other 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
2018 14 SEP	£390,000	£319,695	22% above HPI
1998 21 AUG	£26,500	£91,203	71% below HPI

GROVE HOUSE 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 GROVE HOUSE sales from August 1998 and September 2018 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 1998 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the September 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is GROVE HOUSE?

GROVE HOUSE is 143m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Viney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Viney Hill, and where GROVE HOUSE lies on this distribution: 57% of detached houses are smaller than GROVE HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Viney Hill.

GROVE HOUSE: Plot and Title Map

GROVE HOUSE sits on a plot of roughly 0.286 of an acre, or 1,156m². The below map shows the location of GROVE HOUSE, 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 GROVE HOUSE). 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 GROVE HOUSE?

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