SPRINGKELL, HIGHFIELD ROAD, LYDNEY, GL15 5NB - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRINGKELL is a very small extended semi-detached house of 75m², built sometime between 1950 and 1966. It was last sold for £200,000 in March 2016, which was around 25% below the average March 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2016, where the current energy rating was F, and the potential energy rating was B.

SPRINGKELL Sold Prices

Land registry data shows two sales for SPRINGKELL 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 SPRINGKELL 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
2016 24 MAR	£200,000	£266,247	25% below HPI
2004 25 OCT	£185,000	£228,084	19% below HPI

SPRINGKELL 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 SPRINGKELL sales from October 2004 and March 2016 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is SPRINGKELL?

SPRINGKELL is 75m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where SPRINGKELL lies on this distribution: 13% of detached houses are smaller than SPRINGKELL, and 87% of houses are larger. Note that EPC data is not available for all properties in Lydney.

SPRINGKELL: Plot and Title Map

SPRINGKELL sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of SPRINGKELL, 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 SPRINGKELL). 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 SPRINGKELL?

SPRINGKELL is located on HIGHFIELD ROAD in LYDNEY, in the GL15 postcode district. The below map shows the position of SPRINGKELL on HIGHFIELD ROAD.