PARKHILL LODGE, PARKHILL, WHITECROFT, LYDNEY, GL15 4PQ - £710,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PARKHILL LODGE is a very large extended detached house of 179m², built sometime before 1900. It was last sold for £710,000 in June 2023, which was around 83% above the average June 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was B.

PARKHILL LODGE Sold Prices

Land registry data shows four sales for PARKHILL LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four PARKHILL LODGE 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
2023 14 JUN	£710,000	£388,557	83% above HPI
2016 26 SEP	£462,000	£279,770	65% above HPI
2007 16 NOV	£410,000	£253,411	62% above HPI
2000 19 MAY	£185,000	£105,052	76% above HPI

PARKHILL LODGE 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 four PARKHILL LODGE sales between May 2000 and June 2023 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 2016 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2023 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is PARKHILL LODGE?

PARKHILL LODGE is 179m², which includes four extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% of detached houses in Whitecroft, based on EPC data. The below chart shows the distribution of detached houses by size in Whitecroft, and where PARKHILL LODGE lies on this distribution: 96% of detached houses are smaller than PARKHILL LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Whitecroft.

PARKHILL LODGE: Plot and Title Map

PARKHILL LODGE sits on a plot of roughly 2.4 acres, or 9,824m². The below map shows the location of PARKHILL LODGE, 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 PARKHILL LODGE). 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 PARKHILL LODGE?

PARKHILL LODGE is located on PARKHILL in WHITECROFT, in the GL15 postcode district. The below map shows the position of PARKHILL LODGE on PARKHILL.