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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MOUNT PLEASANT is a very large extended detached house of 196m², built sometime between 1967 and 1975. It was last sold for £495,000 in January 2024, which was around 33% 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	£373,449	33% above HPI
2017 15 DEC	£365,000	£285,768	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 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Milkwall, based on EPC data. The below chart shows the distribution of detached houses by size in Milkwall, and where MOUNT PLEASANT lies on this distribution: 92% of detached 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.