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

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

HERON COTTAGE is a large extended detached house of 149m², built sometime between 1900 and 1929. It was last sold for £440,000 in October 2020, which was around 33% 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	£331,459	33% above HPI
2007 27 APR	£272,000	£246,532	10% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where HERON COTTAGE lies on this distribution: 79% of detached 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.