ROSEBANK, THE GREEN, COLEFORD, RADSTOCK, BA3 5LY - £235,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

ROSEBANK is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £235,000 in July 2011, which was around 14% below the average July 2011 detached price in the Somerset local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

ROSEBANK Sold Prices

Land registry data shows two sales for ROSEBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two ROSEBANK 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
2011 14 JUL	£235,000	£272,079	14% below HPI
1998 8 MAY	£55,000	£100,608	45% below HPI

ROSEBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two ROSEBANK sales from May 1998 and July 2011 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 1998 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2011 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is ROSEBANK?

ROSEBANK is 69m² according to the EPC inspection conducted in June 2010. 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 ROSEBANK lies on this distribution: 9% of detached houses are smaller than ROSEBANK, and 91% of houses are larger. Note that EPC data is not available for all properties in Coleford.

ROSEBANK: Plot and Title Map

ROSEBANK sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of ROSEBANK, 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 ROSEBANK). 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 ROSEBANK?

ROSEBANK is located on THE GREEN in COLEFORD, in the BA3 postcode district. The below map shows the position of ROSEBANK on THE GREEN.