REDBRICK HOUSE, GLOUCESTER ROAD, CORSE, GLOUCESTER, GL19 3RA - £325,000

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.

REDBRICK HOUSE is a very large extended detached house of 215m², built sometime between 1983 and 1990, which could now be worth an estimated £521,497. It was last sold for £325,000 in November 2014, which was around 29% above the average November 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was D.

REDBRICK HOUSE Sold Prices

Land registry data shows two sales for REDBRICK HOUSE 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 REDBRICK HOUSE 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
2014 13 NOV	£325,000	£252,420	29% above HPI
2006 12 MAY	£351,000	£232,358	51% above HPI

REDBRICK HOUSE 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 REDBRICK HOUSE sales from May 2006 and November 2014 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 May 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the November 2014 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might REDBRICK HOUSE be worth now?

REDBRICK HOUSE might now be worth an estimated £521,497.

This is based on house price inflation of 60.5%, between November 2014 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 60.5% inflationary increase is applied to the most recent sale price for REDBRICK HOUSE of £325,000 on 13th November 2014. For the value to have increased from £325,000 to £521,497 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of REDBRICK HOUSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2014 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of REDBRICK HOUSE has not materially changed since November 2014.

How Large is REDBRICK HOUSE?

REDBRICK HOUSE is 215m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 10% of detached houses houses in Corse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Corse, and where REDBRICK HOUSE lies on this distribution: 95% of detached houses houses are smaller than REDBRICK HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Corse.

REDBRICK HOUSE: Plot and Title Map

REDBRICK HOUSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of REDBRICK HOUSE, 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 REDBRICK HOUSE). 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 REDBRICK HOUSE?

REDBRICK HOUSE is located on GLOUCESTER ROAD in CORSE, in the GL19 postcode district. The below map shows the position of REDBRICK HOUSE on GLOUCESTER ROAD.