GROVE VILLA, MORSE LANE, DRYBROOK, GL17 9BB - £280,000

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 VILLA is a large extended detached house of 155m², built sometime before 1900. It was last sold for £280,000 in March 2013, which was around 25% above the average March 2013 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2012, where the current energy rating was F, and the potential energy rating was D.

GROVE VILLA Sold Prices

Land registry data shows two sales for GROVE VILLA 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 GROVE VILLA 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
2013 15 MAR	£280,000	£224,079	25% above HPI
1999 8 OCT	£124,000	£100,992	23% above HPI

GROVE VILLA 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 VILLA sales from October 1999 and March 2013 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 October 1999 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2013 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is GROVE VILLA?

GROVE VILLA is 155m², which includes two extensions, according to the EPC inspection conducted in October 2012. This puts it in the largest 30% of detached houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses by size in Drybrook, and where GROVE VILLA lies on this distribution: 79% of detached houses are smaller than GROVE VILLA, and 21% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

GROVE VILLA: Plot and Title Map

GROVE VILLA sits on a plot of roughly 0.624 of an acre, or 2,525m². The below map shows the location of GROVE VILLA, 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 VILLA). 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 VILLA?

GROVE VILLA is located on MORSE LANE in DRYBROOK, in the GL17 postcode district. The below map shows the position of GROVE VILLA on MORSE LANE.