HOLLY COTTAGE, MONTPELLIER ROAD, BREAM, LYDNEY, GL15 6LZ - £269,500

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.

HOLLY COTTAGE is a small extended detached house of 92m², built sometime before 1900, which could now be worth an estimated £410,064. It was last sold for £269,500 in February 2016, which was around 1% above the average February 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

HOLLY COTTAGE Sold Prices

Land registry data shows four sales for HOLLY COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. two of the four HOLLY COTTAGE sales were for above the average price, and four were 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
2016 5 FEB	£269,500	£266,195	1% above HPI
2009 17 APR	£235,000	£206,767	14% above HPI
2002 28 MAR	£119,950	£128,433	7% below HPI
1997 16 JAN	£67,000	£79,260	15% below HPI

HOLLY 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 four HOLLY COTTAGE sales between January 1997 and February 2016 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might HOLLY COTTAGE be worth now?

HOLLY COTTAGE might now be worth an estimated £410,064.

This is based on house price inflation of 52.2%, between February 2016 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 52.2% inflationary increase is applied to the most recent sale price for HOLLY COTTAGE of £269,500 on 5th February 2016. For the value to have increased from £269,500 to £410,064 over the nine years to February 2025, the following assumptions must hold true:

• The value of HOLLY COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2016 sale price of £269,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLY COTTAGE has not materially changed since February 2016.

How Large is HOLLY COTTAGE?

HOLLY COTTAGE is 92m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% 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 HOLLY COTTAGE lies on this distribution: 33% of detached houses houses are smaller than HOLLY COTTAGE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bream.

HOLLY COTTAGE: Plot and Title Map

HOLLY COTTAGE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY COTTAGE?

HOLLY COTTAGE is located on MONTPELLIER ROAD in BREAM, in the GL15 postcode district. The below map shows the position of HOLLY COTTAGE on MONTPELLIER ROAD.