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

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 170m², built sometime before 1900, which could now be worth an estimated £851,889. It was last sold for £800,000 in July 2022, which was around 110% 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	£380,364	110% above HPI
2019 24 JUL	£650,000	£311,917	108% 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 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the July 2022 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

What might NEW HOUSE be worth now?

NEW HOUSE might now be worth an estimated £851,889.

This is based on house price inflation of 6.5%, between July 2022 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 6.5% inflationary increase is applied to the most recent sale price for NEW HOUSE of £800,000 on 15th July 2022. For the value to have increased from £800,000 to £851,889 over the three years 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 2022 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of NEW HOUSE has not materially changed since July 2022.

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 houses in Woolaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolaston, and where NEW HOUSE lies on this distribution: 79% of detached houses 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.