LAVENDER COTTAGE, PASTORS HILL, BREAM, LYDNEY, GL15 6NA - £264,999

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.

LAVENDER COTTAGE is a very small extended detached house of 45m², built sometime before 1900, which could now be worth an estimated £365,661. It was last sold for £264,999 in May 2018, which was around 10% below the average May 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2010, where the current energy rating was F, and the potential energy rating was F.

LAVENDER COTTAGE Sold Prices

Land registry data shows three sales for LAVENDER 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. All of the three LAVENDER 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 24 MAY	£264,999	£293,534	10% below HPI
2011 15 JUL	£211,000	£231,874	9% below HPI
1995 18 JUL	£41,500	£72,985	43% below HPI

LAVENDER 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 LAVENDER COTTAGE sales between July 1995 and May 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 July 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might LAVENDER COTTAGE be worth now?

LAVENDER COTTAGE might now be worth an estimated £365,661.

This is based on house price inflation of 38%, between May 2018 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 38% inflationary increase is applied to the most recent sale price for LAVENDER COTTAGE of £264,999 on 24th May 2018. For the value to have increased from £264,999 to £365,661 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of LAVENDER COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2018 sale price of £264,999 represented a fair market value for the property.
• The size, condition, and specification of LAVENDER COTTAGE has not materially changed since May 2018.

How Large is LAVENDER COTTAGE?

LAVENDER COTTAGE is 45m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 LAVENDER COTTAGE lies on this distribution: 1% of detached houses houses are smaller than LAVENDER COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bream.

LAVENDER COTTAGE: Plot and Title Map

LAVENDER COTTAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of LAVENDER 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 LAVENDER 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 LAVENDER COTTAGE?

LAVENDER COTTAGE is located on PASTORS HILL in BREAM, in the GL15 postcode district. The below map shows the position of LAVENDER COTTAGE on PASTORS HILL.