LAUREL COTTAGE, MAIN ROAD, PILLOWELL, LYDNEY, GL15 4SX - £220,000

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.

LAUREL COTTAGE is a very small extended detached house of 79m², built sometime before 1900, which could now be worth an estimated £313,426. It was last sold for £220,000 in November 2017, which was around 23% below the average November 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2016, where the current energy rating was F, and the potential energy rating was B.

LAUREL COTTAGE Sold Prices

Land registry data shows two sales for LAUREL 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 LAUREL 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
2017 20 NOV	£220,000	£284,302	23% below HPI
2015 9 JUL	£187,000	£239,816	22% below HPI

LAUREL 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 LAUREL COTTAGE sales from July 2015 and November 2017 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 July 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might LAUREL COTTAGE be worth now?

LAUREL COTTAGE might now be worth an estimated £313,426.

This is based on house price inflation of 42.5%, between November 2017 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 42.5% inflationary increase is applied to the most recent sale price for LAUREL COTTAGE of £220,000 on 20th November 2017. For the value to have increased from £220,000 to £313,426 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of LAUREL COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL COTTAGE has not materially changed since November 2017.

How Large is LAUREL COTTAGE?

LAUREL COTTAGE is 79m², which includes two extensions, according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of detached houses houses in Yorkley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yorkley, and where LAUREL COTTAGE lies on this distribution: 7% of detached houses houses are smaller than LAUREL COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Yorkley.

LAUREL COTTAGE: Plot and Title Map

LAUREL COTTAGE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of LAUREL 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 LAUREL 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 LAUREL COTTAGE?

LAUREL COTTAGE is located on MAIN ROAD in PILLOWELL, in the GL15 postcode district. The below map shows the position of LAUREL COTTAGE on MAIN ROAD.