KERNOW COTTAGE, SPOUT LANE, COLEFORD, GL16 8DP - £250,000

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

KERNOW COTTAGE is a large extended detached house of 141m², built sometime before 1900. It was last sold for £250,000 in August 2018, which was around 20% below the average August 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

KERNOW COTTAGE Sold Prices

Land registry data shows two sales for KERNOW 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 KERNOW COTTAGE sales 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
2018 17 AUG	£250,000	£314,044	20% below HPI
1995 1 DEC	£35,000	£72,675	52% below HPI

KERNOW 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 KERNOW COTTAGE sales from December 1995 and August 2018 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 1995 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the August 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is KERNOW COTTAGE?

KERNOW COTTAGE is 141m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 30% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where KERNOW COTTAGE lies on this distribution: 78% of detached houses are smaller than KERNOW COTTAGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Coleford.

KERNOW COTTAGE: Plot and Title Map

KERNOW COTTAGE sits on a plot of roughly 0.400 of an acre, or 1,617m². The below map shows the location of KERNOW 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 KERNOW 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 KERNOW COTTAGE?

KERNOW COTTAGE is located on SPOUT LANE in COLEFORD, in the GL16 postcode district. The below map shows the position of KERNOW COTTAGE on SPOUT LANE.