LAUREL COTTAGE, PARKEND WALK, COALWAY, COLEFORD, GL16 7JS - £360,000

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 detached house of 56m², built sometime before 1900, which could now be worth an estimated £375,538. It was last sold for £360,000 in August 2024, which was around 7% below the average August 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2017, where the current energy rating was F, and the potential energy rating was A.

LAUREL COTTAGE Sold Prices

Land registry data shows three sales for LAUREL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. The three LAUREL COTTAGE sales were a mix of below the average price, and roughly equal to 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 AUG	£360,000	£388,277	7% below HPI
2017 11 DEC	£283,000	£284,121	Close to HPI
1999 4 MAY	£70,000	£92,288	24% 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 three LAUREL COTTAGE sales between May 1999 and August 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 roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2024 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might LAUREL COTTAGE be worth now?

LAUREL COTTAGE might now be worth an estimated £375,538.

This is based on house price inflation of 4.3%, between August 2024 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 4.3% inflationary increase is applied to the most recent sale price for LAUREL COTTAGE of £360,000 on 27th August 2024. For the value to have increased from £360,000 to £375,538 over the one year and six 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 August 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of LAUREL COTTAGE has not materially changed since August 2024.

How Large is LAUREL COTTAGE?

LAUREL COTTAGE is 56m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalway, and where LAUREL COTTAGE lies on this distribution: 1% of detached houses houses are smaller than LAUREL COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Coalway.

LAUREL COTTAGE: Plot and Title Map

LAUREL COTTAGE sits on a plot of roughly 0.111 of an acre, or 449m². 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 PARKEND WALK in COALWAY, in the GL16 postcode district. The below map shows the position of LAUREL COTTAGE on PARKEND WALK.