PENBRYN, LAMBSQUAY ROAD, MILKWALL, COLEFORD, GL16 8QA - £460,000

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.

PENBRYN is a large extended detached house of 147m², built sometime between 1976 and 1982, which could now be worth an estimated £497,714. It was last sold for £460,000 in April 2024, which was around 23% above the average April 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

PENBRYN Sold Prices

Land registry data shows four sales for PENBRYN 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 PENBRYN 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
2024 23 APR	£460,000	£374,344	23% above HPI
2011 21 OCT	£240,500	£227,410	6% above HPI
2006 19 MAY	£248,000	£232,358	7% above HPI
2003 9 OCT	£203,000	£188,476	8% above HPI

PENBRYN 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 PENBRYN sales between October 2003 and April 2024 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 October 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might PENBRYN be worth now?

PENBRYN might now be worth an estimated £497,714.

This is based on house price inflation of 8.2%, between April 2024 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 8.2% inflationary increase is applied to the most recent sale price for PENBRYN of £460,000 on 23rd April 2024. For the value to have increased from £460,000 to £497,714 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of PENBRYN has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2024 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of PENBRYN has not materially changed since April 2024.

How Large is PENBRYN?

PENBRYN is 147m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% of detached houses houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milkwall, and where PENBRYN lies on this distribution: 78% of detached houses houses are smaller than PENBRYN, and 20% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

PENBRYN: Plot and Title Map

PENBRYN sits on a plot of roughly 0.217 of an acre, or 879m². The below map shows the location of PENBRYN, 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 PENBRYN). 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 PENBRYN?

PENBRYN is located on LAMBSQUAY ROAD in MILKWALL, in the GL16 postcode district. The below map shows the position of PENBRYN on LAMBSQUAY ROAD.