OAKWOOD COTTAGE, OAKWOOD ROAD, BREAM, LYDNEY, GL15 6HS - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OAKWOOD COTTAGE is a very small detached house of 45m², built sometime before 1900. It was last sold for £215,000 in July 2004, which was around 3% above the average July 2004 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2013, where the current energy rating was G, and the potential energy rating was E.

OAKWOOD COTTAGE Sold Prices

Land registry data shows two sales for OAKWOOD 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. Both of the two OAKWOOD COTTAGE 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
2004 15 JUL	£215,000	£208,746	3% above HPI
2001 7 DEC	£170,000	£138,169	23% above HPI

OAKWOOD 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 OAKWOOD COTTAGE sales from December 2001 and July 2004 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 December 2001 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2004 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is OAKWOOD COTTAGE?

OAKWOOD COTTAGE is 45m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where OAKWOOD COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than OAKWOOD COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bream.

OAKWOOD COTTAGE: Plot and Title Map

OAKWOOD COTTAGE sits on a plot of roughly 2.0 acres, or 7,938m². The below map shows the location of OAKWOOD 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 OAKWOOD 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 OAKWOOD COTTAGE?

OAKWOOD COTTAGE is located on OAKWOOD ROAD in BREAM, in the GL15 postcode district. The below map shows the position of OAKWOOD COTTAGE on OAKWOOD ROAD.