PARKLANDS COTTAGE, PARKEND ROAD, BREAM, LYDNEY, GL15 6JY - £45,000

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

PARKLANDS COTTAGE is a large extended detached house of 133m², built sometime before 1900. It was last sold for £45,000 in September 2002, which was around 71% below the average September 2002 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

PARKLANDS COTTAGE Sold Prices

Land registry data shows two sales for PARKLANDS 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 PARKLANDS 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
2002 30 SEP	£45,000	£157,144	71% below HPI
1996 2 FEB	£50,000	£67,226	26% below HPI

PARKLANDS 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 PARKLANDS COTTAGE sales from February 1996 and September 2002 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 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2002 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

How Large is PARKLANDS COTTAGE?

PARKLANDS COTTAGE is 133m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where PARKLANDS COTTAGE lies on this distribution: 67% of detached houses are smaller than PARKLANDS COTTAGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bream.

PARKLANDS COTTAGE: Plot and Title Map

PARKLANDS COTTAGE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of PARKLANDS 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 PARKLANDS 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 PARKLANDS COTTAGE?

PARKLANDS COTTAGE is located on PARKEND ROAD in BREAM, in the GL15 postcode district. The below map shows the position of PARKLANDS COTTAGE on PARKEND ROAD.