OVERDALE, SUN TUMP, BREAM, LYDNEY, GL15 6RD - £350,000

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.

OVERDALE is a large extended detached house of 145m², built sometime between 1950 and 1966, which could now be worth an estimated £417,572. It was last sold for £350,000 in December 2020, which was around 3% above the average December 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

OVERDALE Sold Prices

Land registry data shows two sales for OVERDALE 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 OVERDALE 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
2020 4 DEC	£350,000	£339,492	3% above HPI
2014 15 APR	£239,000	£231,602	3% above HPI

OVERDALE 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 OVERDALE sales from April 2014 and December 2020 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 April 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2020 sale, which was also at 3% above the HPI.

What might OVERDALE be worth now?

OVERDALE might now be worth an estimated £417,572.

This is based on house price inflation of 19.3%, between December 2020 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 19.3% inflationary increase is applied to the most recent sale price for OVERDALE of £350,000 on 4th December 2020. For the value to have increased from £350,000 to £417,572 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of OVERDALE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of OVERDALE has not materially changed since December 2020.

How Large is OVERDALE?

OVERDALE is 145m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 OVERDALE lies on this distribution: 76% of detached houses houses are smaller than OVERDALE, and 24% of houses are larger. Note that EPC data is not available for all properties in Bream.

OVERDALE: Plot and Title Map

OVERDALE sits on a plot of roughly 0.285 of an acre, or 1,154m². The below map shows the location of OVERDALE, 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 OVERDALE). 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 OVERDALE?

OVERDALE is located on SUN TUMP in BREAM, in the GL15 postcode district. The below map shows the position of OVERDALE on SUN TUMP.