MOUNT PLEASANT, STATION ROAD, MILKWALL, COLEFORD, GL16 7LJ - £495,000

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.

MOUNT PLEASANT is a very large extended detached house of 196m², built sometime between 1967 and 1975, which could now be worth an estimated £548,993. It was last sold for £495,000 in January 2024, which was around 36% above the average January 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

MOUNT PLEASANT Sold Prices

Land registry data shows two sales for MOUNT PLEASANT 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 MOUNT PLEASANT sales were for above 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 18 JAN	£495,000	£365,200	36% above HPI
2017 15 DEC	£365,000	£284,121	28% above HPI

MOUNT PLEASANT 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 MOUNT PLEASANT sales from December 2017 and January 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 was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the January 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might MOUNT PLEASANT be worth now?

MOUNT PLEASANT might now be worth an estimated £548,993.

This is based on house price inflation of 10.9%, between January 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 10.9% inflationary increase is applied to the most recent sale price for MOUNT PLEASANT of £495,000 on 18th January 2024. For the value to have increased from £495,000 to £548,993 over the eleven months to February 2025, the following assumptions must hold true:

• The value of MOUNT PLEASANT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The January 2024 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of MOUNT PLEASANT has not materially changed since January 2024.

How Large is MOUNT PLEASANT?

MOUNT PLEASANT is 196m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milkwall, and where MOUNT PLEASANT lies on this distribution: 92% of detached houses houses are smaller than MOUNT PLEASANT, and 8% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

MOUNT PLEASANT: Plot and Title Map

MOUNT PLEASANT sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of MOUNT PLEASANT, 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 MOUNT PLEASANT). 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 MOUNT PLEASANT?

MOUNT PLEASANT is located on STATION ROAD in MILKWALL, in the GL16 postcode district. The below map shows the position of MOUNT PLEASANT on STATION ROAD.