HIGHFIELD, TUFTHORN ROAD, COLEFORD, GL16 8PY - £485,000

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

HIGHFIELD is a large extended detached house of 132m², built sometime before 1900. It was last sold for £485,000 in June 2024, which was around 25% above the average June 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

HIGHFIELD Sold Prices

Land registry data shows five sales for HIGHFIELD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the five HIGHFIELD 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
2024 27 JUN	£485,000	£389,302	25% above HPI
2017 18 DEC	£315,000	£285,768	10% above HPI
2010 11 JUN	£250,000	£231,635	8% above HPI
2001 15 AUG	£150,000	£132,764	13% above HPI
1996 2 AUG	£82,500	£76,117	8% above HPI

HIGHFIELD 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 five HIGHFIELD sales between August 1996 and June 2024 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 December 2017 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2024 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is HIGHFIELD?

HIGHFIELD is 132m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses by size in Milkwall, and where HIGHFIELD lies on this distribution: 69% of detached houses are smaller than HIGHFIELD, and 31% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

HIGHFIELD is located on TUFTHORN ROAD in COLEFORD, in the GL16 postcode district. The below map shows the position of HIGHFIELD on TUFTHORN ROAD.