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

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.

OAKWOOD HOUSE is a very large extended detached house of 176m², built sometime between 1950 and 1966, which could now be worth an estimated £595,392. It was last sold for £520,000 in December 2021, which was around 47% 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	£353,747	47% above HPI
2002 19 SEP	£159,950	£156,239	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 47% above the HPI. The line then continues to track at 47% above the HPI.

What might OAKWOOD HOUSE be worth now?

OAKWOOD HOUSE might now be worth an estimated £595,392.

This is based on house price inflation of 14.5%, between December 2021 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 14.5% inflationary increase is applied to the most recent sale price for OAKWOOD HOUSE of £520,000 on 9th December 2021. For the value to have increased from £520,000 to £595,392 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of OAKWOOD HOUSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2021 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWOOD HOUSE has not materially changed since December 2021.

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 houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where OAKWOOD HOUSE lies on this distribution: 92% of detached houses houses are smaller than OAKWOOD HOUSE, and 7% 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.