LOWER VINEY FARM COTTAGE, VINEY HILL, LYDNEY, GL15 4LT - £420,000

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.

LOWER VINEY FARM COTTAGE is a very small detached house of 75m², built sometime before 1900, which could now be worth an estimated £521,284. It was last sold for £420,000 in August 2020, which was around 29% above the average August 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2019, where the current energy rating was F, and the potential energy rating was C.

LOWER VINEY FARM COTTAGE Sold Prices

Land registry data shows three sales for LOWER VINEY FARM 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. Two of the three LOWER VINEY FARM COTTAGE sales were for above the average price, whilst one was 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
2020 19 AUG	£420,000	£326,338	29% above HPI
2004 27 AUG	£350,000	£212,449	65% above HPI
1999 17 SEP	£59,000	£99,641	41% below HPI

LOWER VINEY FARM 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 LOWER VINEY FARM COTTAGE sales between September 1999 and August 2020 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 August 2004 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the August 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might LOWER VINEY FARM COTTAGE be worth now?

LOWER VINEY FARM COTTAGE might now be worth an estimated £521,284.

This is based on house price inflation of 24.1%, between August 2020 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 24.1% inflationary increase is applied to the most recent sale price for LOWER VINEY FARM COTTAGE of £420,000 on 19th August 2020. For the value to have increased from £420,000 to £521,284 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of LOWER VINEY FARM COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER VINEY FARM COTTAGE has not materially changed since August 2020.

How Large is LOWER VINEY FARM COTTAGE?

LOWER VINEY FARM COTTAGE is 75m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses houses in Viney Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Viney Hill, and where LOWER VINEY FARM COTTAGE lies on this distribution: 8% of detached houses houses are smaller than LOWER VINEY FARM COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Viney Hill.

LOWER VINEY FARM COTTAGE: Plot and Title Map

LOWER VINEY FARM COTTAGE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of LOWER VINEY FARM 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 LOWER VINEY FARM 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 LOWER VINEY FARM COTTAGE?

LOWER VINEY FARM COTTAGE is located in VINEY HILL, in the GL15 postcode district. The below map shows the position of LOWER VINEY FARM COTTAGE in VINEY HILL.