RIVERSIDE, CHURCH LANE, ALVINGTON, LYDNEY, GL15 6BH - £260,000

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.

RIVERSIDE is a very small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £331,314. It was last sold for £260,000 in September 2018, which was around 18% below the average September 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

RIVERSIDE Sold Prices

Land registry data shows two sales for RIVERSIDE 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. One of the two RIVERSIDE sales was for below the average price, whilst the other was 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
2018 21 SEP	£260,000	£317,853	18% below HPI
1996 22 MAR	£75,000	£65,933	14% above HPI

RIVERSIDE 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 RIVERSIDE sales from March 1996 and September 2018 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 March 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might RIVERSIDE be worth now?

RIVERSIDE might now be worth an estimated £331,314.

This is based on house price inflation of 27.4%, between September 2018 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 27.4% inflationary increase is applied to the most recent sale price for RIVERSIDE of £260,000 on 21st September 2018. For the value to have increased from £260,000 to £331,314 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of RIVERSIDE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of RIVERSIDE has not materially changed since September 2018.

How Large is RIVERSIDE?

RIVERSIDE is 98m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% of detached houses houses in Alvington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alvington, and where RIVERSIDE lies on this distribution: 11% of detached houses houses are smaller than RIVERSIDE, and 89% of houses are larger. Note that EPC data is not available for all properties in Alvington.

RIVERSIDE: Plot and Title Map

RIVERSIDE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of RIVERSIDE, 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 RIVERSIDE). 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 RIVERSIDE?

RIVERSIDE is located on CHURCH LANE in ALVINGTON, in the GL15 postcode district. The below map shows the position of RIVERSIDE on CHURCH LANE.