ORCHARD COTTAGE, NEW STREET, MITCHELDEAN, GL17 0HS - £187,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

ORCHARD COTTAGE is a very small extended detached house of 70m², built sometime before 1900. It was last sold for £187,500 in April 2016, which was around 28% below the average April 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

ORCHARD COTTAGE Sold Prices

Land registry data shows two sales for ORCHARD 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 ORCHARD COTTAGE sales were for below 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
2016 1 APR	£187,500	£260,602	28% below HPI
2010 25 FEB	£154,000	£226,417	32% below HPI

ORCHARD 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 ORCHARD COTTAGE sales from February 2010 and April 2016 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 February 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 70m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Mitcheldean, based on EPC data. The below chart shows the distribution of detached houses by size in Mitcheldean, and where ORCHARD COTTAGE lies on this distribution: 14% of detached houses are smaller than ORCHARD COTTAGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD COTTAGE?

ORCHARD COTTAGE is located on NEW STREET in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of ORCHARD COTTAGE on NEW STREET.