NEW HOUSE, BEECH WAY, BREAM, LYDNEY, GL15 6NB - £372,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NEW HOUSE is a large extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £395,688. It was last sold for £372,000 in July 2024, which was around 2% below the average July 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

NEW HOUSE Sold Prices

Land registry data shows two sales for NEW HOUSE 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 NEW HOUSE 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
2024 16 JUL	£372,000	£380,787	2% below HPI
2006 22 NOV	£170,000	£244,048	30% below HPI

NEW HOUSE 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 NEW HOUSE sales from November 2006 and July 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 November 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £395,688.

This is based on house price inflation of 6.4%, between July 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 6.4% inflationary increase is applied to the most recent sale price for NEW HOUSE of £372,000 on 16th July 2024. For the value to have increased from £372,000 to £395,688 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of NEW HOUSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2024 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since July 2024.

How Large is NEW HOUSE?

NEW HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where NEW HOUSE lies on this distribution: 72% of detached houses houses are smaller than NEW HOUSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bream.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

NEW HOUSE is located on BEECH WAY in BREAM, in the GL15 postcode district. The below map shows the position of NEW HOUSE on BEECH WAY.