HERON COTTAGE, THE TUFTS, BREAM, LYDNEY, GL15 6HN - £440,000

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.

HERON COTTAGE is a large extended detached house of 149m², built sometime between 1900 and 1929, which could now be worth an estimated £540,784. It was last sold for £440,000 in October 2020, which was around 34% above the average October 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was B.

HERON COTTAGE Sold Prices

Land registry data shows two sales for HERON COTTAGE 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 HERON COTTAGE 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
2020 8 OCT	£440,000	£329,550	34% above HPI
2007 27 APR	£272,000	£245,111	11% above HPI

HERON COTTAGE 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 HERON COTTAGE sales from April 2007 and October 2020 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 April 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2020 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might HERON COTTAGE be worth now?

HERON COTTAGE might now be worth an estimated £540,784.

This is based on house price inflation of 22.9%, between October 2020 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 22.9% inflationary increase is applied to the most recent sale price for HERON COTTAGE of £440,000 on 8th October 2020. For the value to have increased from £440,000 to £540,784 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of HERON COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The October 2020 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of HERON COTTAGE has not materially changed since October 2020.

How Large is HERON COTTAGE?

HERON COTTAGE is 149m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 20% 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 HERON COTTAGE lies on this distribution: 80% of detached houses houses are smaller than HERON COTTAGE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bream.

HERON COTTAGE: Plot and Title Map

HERON COTTAGE sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of HERON COTTAGE, 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 HERON COTTAGE). 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 HERON COTTAGE?

HERON COTTAGE is located on THE TUFTS in BREAM, in the GL15 postcode district. The below map shows the position of HERON COTTAGE on THE TUFTS.