OAKDENE, PARKHILL, WHITECROFT, LYDNEY, GL15 4PQ - £365,000

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.

OAKDENE is a midsized extended detached house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £463,453. It was last sold for £365,000 in June 2020, which was around 14% above the average June 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

OAKDENE Sold Prices

Land registry data shows three sales for OAKDENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three OAKDENE 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
2020 26 JUN	£365,000	£318,992	14% above HPI
2017 30 JAN	£275,000	£269,595	2% above HPI
2010 29 JUL	£245,000	£237,902	3% above HPI

OAKDENE 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 three OAKDENE sales between July 2010 and June 2020 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2020 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might OAKDENE be worth now?

OAKDENE might now be worth an estimated £463,453.

This is based on house price inflation of 27%, between June 2020 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 27% inflationary increase is applied to the most recent sale price for OAKDENE of £365,000 on 26th June 2020. For the value to have increased from £365,000 to £463,453 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of OAKDENE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The June 2020 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of OAKDENE has not materially changed since June 2020.

How Large is OAKDENE?

OAKDENE is 114m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of detached houses houses in Whitecroft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitecroft, and where OAKDENE lies on this distribution: 52% of detached houses houses are smaller than OAKDENE, and 48% of houses are larger. Note that EPC data is not available for all properties in Whitecroft.

OAKDENE: Plot and Title Map

OAKDENE sits on a plot of roughly 0.248 of an acre, or 1,003m². The below map shows the location of OAKDENE, 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 OAKDENE). 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 OAKDENE?

OAKDENE is located on PARKHILL in WHITECROFT, in the GL15 postcode district. The below map shows the position of OAKDENE on PARKHILL.