NEW HOUSE, THE COMMON, WOOLASTON, LYDNEY, GL15 6NU - £800,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

NEW HOUSE is a large extended detached house of 170m², built sometime before 1900. It was last sold for £800,000 in July 2022, which was around 109% above the average July 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2018, where the current energy rating was F, 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 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
2022 15 JUL	£800,000	£382,568	109% above HPI
2019 24 JUL	£650,000	£313,724	107% above 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 July 2019 and July 2022 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 July 2019 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the July 2022 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is NEW HOUSE?

NEW HOUSE is 170m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 30% of detached houses in Woolaston, based on EPC data. The below chart shows the distribution of detached houses by size in Woolaston, and where NEW HOUSE lies on this distribution: 79% of detached houses are smaller than NEW HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Woolaston.

NEW HOUSE: Plot and Title Map

NEW HOUSE sits on a plot of roughly 1.6 acres, or 6,494m². 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 THE COMMON in WOOLASTON, in the GL15 postcode district. The below map shows the position of NEW HOUSE on THE COMMON.