OAK COTTAGE, SUN GREEN CLOSE, BREAM, LYDNEY, GL15 6JA - £212,500

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.

OAK COTTAGE is a midsized extended detached house of 105m², built sometime before 1900, which could now be worth an estimated £391,110. It was last sold for £212,500 in October 2012, which was around 3% below the average October 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK COTTAGE 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. One of the two OAK COTTAGE sales was for below the average price, whilst the other was 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
2012 31 OCT	£212,500	£220,066	3% below HPI
2000 28 JAN	£115,000	£101,109	14% above HPI

OAK 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 two OAK COTTAGE sales from January 2000 and October 2012 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 January 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2012 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £391,110.

This is based on house price inflation of 84.1%, between October 2012 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 84.1% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £212,500 on 31st October 2012. For the value to have increased from £212,500 to £391,110 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The October 2012 sale price of £212,500 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since October 2012.

How Large is OAK COTTAGE?

OAK COTTAGE is 105m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% 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 OAK COTTAGE lies on this distribution: 46% of detached houses houses are smaller than OAK COTTAGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bream.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of OAK 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 OAK 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 OAK COTTAGE?

OAK COTTAGE is located on SUN GREEN CLOSE in BREAM, in the GL15 postcode district. The below map shows the position of OAK COTTAGE on SUN GREEN CLOSE.