MYRTLE COTTAGE, WHITEHILL LANE, DRYBROOK, GL17 9AD - £122,000

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 very small detached house of 60m², built sometime before 1900, which could now be worth an estimated £153,516. It was last sold for £122,000 in October 2018, which was around 62% below the average October 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

MYRTLE COTTAGE Sold Prices

Land registry data shows five sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the five MYRTLE 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 10 OCT	£122,000	£321,883	62% below HPI
2003 10 OCT	£60,000	£188,476	68% below HPI
2003 29 APR	£50,000	£163,639	69% below HPI
2002 23 JUN	£25,000	£141,011	82% below HPI
2000 22 JUN	£31,500	£103,750	70% 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 five MYRTLE COTTAGE sales between June 2000 and October 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 October 2003 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the October 2018 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £153,516.

This is based on house price inflation of 25.8%, between October 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 25.8% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £122,000 on 10th October 2018. For the value to have increased from £122,000 to £153,516 over the seven years and eight months 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 October 2018 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since October 2018.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 60m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Drybrook, and where MYRTLE COTTAGE lies on this distribution: 3% of detached houses houses are smaller than MYRTLE COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.038 of an acre, or 152m². 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 WHITEHILL LANE in DRYBROOK, in the GL17 postcode district. The below map shows the position of MYRTLE COTTAGE on WHITEHILL LANE.