MYRTLE COTTAGE, BLAKENEY HILL ROAD, BLAKENEY, GL15 4BT - £475,000

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.

MYRTLE COTTAGE is a small extended detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £473,595. It was last sold for £475,000 in February 2023, which was around 17% above the average February 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was A.

MYRTLE COTTAGE Sold Prices

Land registry data shows three sales for MYRTLE 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 MYRTLE 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
2023 10 FEB	£475,000	£406,237	17% above HPI
2015 9 SEP	£266,000	£253,115	5% above HPI
1998 1 MAY	£77,000	£86,752	11% below HPI

MYRTLE 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 MYRTLE COTTAGE sales between May 1998 and February 2023 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 September 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £473,595.

This is based on house price deflation of 0.3%, between February 2023 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 0.3% deflationary decrease is applied to the most recent sale price for MYRTLE COTTAGE of £475,000 on 10th February 2023. For the value to have decreased from £475,000 to £473,595 over the two years to February 2025, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since February 2023.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 107m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses houses in Blakeney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Blakeney, and where MYRTLE COTTAGE lies on this distribution: 32% of detached houses houses are smaller than MYRTLE COTTAGE, and 66% of houses are larger. Note that EPC data is not available for all properties in Blakeney.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.274 of an acre, or 1,110m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on BLAKENEY HILL ROAD in BLAKENEY, in the GL15 postcode district. The below map shows the position of MYRTLE COTTAGE on BLAKENEY HILL ROAD.