ROCK COTTAGE, PROSPER LANE, COALWAY, COLEFORD, GL16 7JP - £282,500

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.

ROCK COTTAGE is a midsized extended detached house of 113m², built sometime before 1900, which could now be worth an estimated £415,234. It was last sold for £282,500 in August 2017, which was around 3% above the average August 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

ROCK COTTAGE Sold Prices

Land registry data shows three sales for ROCK COTTAGE 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. One of the three ROCK COTTAGE sales was for above the average price, whilst two 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 AUG	£282,500	£275,561	3% above HPI
2012 20 MAR	£220,000	£231,173	5% below HPI
2005 8 AUG	£100,000	£225,307	56% below HPI

ROCK COTTAGE 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 ROCK COTTAGE sales between August 2005 and August 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 March 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might ROCK COTTAGE be worth now?

ROCK COTTAGE might now be worth an estimated £415,234.

This is based on house price inflation of 47%, between August 2017 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 47% inflationary increase is applied to the most recent sale price for ROCK COTTAGE of £282,500 on 2nd August 2017. For the value to have increased from £282,500 to £415,234 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of ROCK COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2017 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of ROCK COTTAGE has not materially changed since August 2017.

How Large is ROCK COTTAGE?

ROCK COTTAGE is 113m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% of detached houses houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coalway, and where ROCK COTTAGE lies on this distribution: 57% of detached houses houses are smaller than ROCK COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Coalway.

ROCK COTTAGE: Plot and Title Map

ROCK COTTAGE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of ROCK COTTAGE, 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 ROCK COTTAGE). 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 ROCK COTTAGE?

ROCK COTTAGE is located on PROSPER LANE in COALWAY, in the GL16 postcode district. The below map shows the position of ROCK COTTAGE on PROSPER LANE.