OAKWOOD HOUSE, HANG HILL ROAD, BREAM, LYDNEY, GL15 6LQ - £520,000

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 HOUSE is a very large extended detached house of 176m², built sometime between 1950 and 1966. It was last sold for £520,000 in December 2021, which was around 46% above the average December 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

OAKWOOD HOUSE Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2021 9 DEC	£520,000	£355,797	46% above HPI
2002 19 SEP	£159,950	£157,144	2% above HPI

OAKWOOD 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 OAKWOOD HOUSE sales from September 2002 and December 2021 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 September 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is OAKWOOD HOUSE?

OAKWOOD HOUSE is 176m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 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 HOUSE lies on this distribution: 91% of detached houses are smaller than OAKWOOD HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bream.

OAKWOOD HOUSE: Plot and Title Map

OAKWOOD HOUSE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of OAKWOOD 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 OAKWOOD 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 OAKWOOD HOUSE?

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