PENGARTH, UNION ROAD, BAKERS HILL, COLEFORD, GL16 7QB - £224,000

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

PENGARTH is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £224,000 in November 2017, which was around 22% below the average November 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

PENGARTH Sold Prices

Land registry data shows two sales for PENGARTH 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 PENGARTH 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
2017 2 NOV	£224,000	£285,949	22% below HPI
2016 21 OCT	£157,000	£278,707	44% below HPI

PENGARTH 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 PENGARTH sales from October 2016 and November 2017 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 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2017 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is PENGARTH?

PENGARTH is 64m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where PENGARTH lies on this distribution: 7% of detached houses are smaller than PENGARTH, and 93% of houses are larger. Note that EPC data is not available for all properties in Coleford.

PENGARTH: Plot and Title Map

PENGARTH sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of PENGARTH, 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 PENGARTH). 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 PENGARTH?

PENGARTH is located on UNION ROAD in BAKERS HILL, in the GL16 postcode district. The below map shows the position of PENGARTH on UNION ROAD.