RICHFIELD HOUSE, CROWN LANE, YORKLEY, LYDNEY, GL15 4TP - £425,000

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.

RICHFIELD HOUSE is a large extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £490,709. It was last sold for £425,000 in November 2021, which was around 21% above the average November 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

RICHFIELD HOUSE Sold Prices

Land registry data shows three sales for RICHFIELD HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three RICHFIELD 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
2021 12 NOV	£425,000	£350,798	21% above HPI
2016 20 JUN	£320,000	£257,067	24% above HPI
2008 7 MAR	£315,000	£254,913	24% above HPI

RICHFIELD 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 three RICHFIELD HOUSE sales between March 2008 and November 2021 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 June 2016 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might RICHFIELD HOUSE be worth now?

RICHFIELD HOUSE might now be worth an estimated £490,709.

This is based on house price inflation of 15.5%, between November 2021 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 15.5% inflationary increase is applied to the most recent sale price for RICHFIELD HOUSE of £425,000 on 12th November 2021. For the value to have increased from £425,000 to £490,709 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of RICHFIELD HOUSE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of RICHFIELD HOUSE has not materially changed since November 2021.

How Large is RICHFIELD HOUSE?

RICHFIELD HOUSE is 139m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses houses in Yorkley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yorkley, and where RICHFIELD HOUSE lies on this distribution: 68% of detached houses houses are smaller than RICHFIELD HOUSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Yorkley.

RICHFIELD HOUSE: Plot and Title Map

RICHFIELD HOUSE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of RICHFIELD 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 RICHFIELD 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 RICHFIELD HOUSE?

RICHFIELD HOUSE is located on CROWN LANE in YORKLEY, in the GL15 postcode district. The below map shows the position of RICHFIELD HOUSE on CROWN LANE.