ORCHARD COTTAGE, NEWLAND STREET, COLEFORD, GL16 8NA - £277,500

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

ORCHARD COTTAGE is a small detached house of 86m², built sometime before 1900. It was last sold for £277,500 in February 2021, which was around 20% below the average February 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

ORCHARD COTTAGE Sold Prices

Land registry data shows three sales for ORCHARD COTTAGE 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 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
2021 19 FEB	£277,500	£345,097	20% below HPI
2015 3 SEP	£230,000	£254,582	10% below HPI
2007 3 AUG	£189,995	£261,606	27% 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 three ORCHARD COTTAGE sales between August 2007 and February 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 2015 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is ORCHARD COTTAGE?

ORCHARD COTTAGE is 86m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where ORCHARD COTTAGE lies on this distribution: 24% of detached houses are smaller than ORCHARD COTTAGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Coleford.

ORCHARD COTTAGE: Plot and Title Map

ORCHARD COTTAGE sits on a plot of roughly 0.097 of an acre, or 392m². 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 NEWLAND STREET in COLEFORD, in the GL16 postcode district. The below map shows the position of ORCHARD COTTAGE on NEWLAND STREET.