THE BUNGE, WHITECROFT ROAD, BREAM, LYDNEY, GL15 6LN - £335,000

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.

THE BUNGE is a midsized detached house of 107m², built sometime between 1983 and 1990, which could now be worth an estimated £404,636. It was last sold for £335,000 in September 2021, which was about the average September 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

THE BUNGE Sold Prices

Land registry data shows two sales for THE BUNGE 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 THE BUNGE sales was roughly equal to 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
2021 3 SEP	£335,000	£335,330	Close to HPI
2012 7 JUN	£233,500	£226,142	3% above HPI

THE BUNGE 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 THE BUNGE sales from June 2012 and September 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 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE BUNGE be worth now?

THE BUNGE might now be worth an estimated £404,636.

This is based on house price inflation of 20.8%, between September 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 20.8% inflationary increase is applied to the most recent sale price for THE BUNGE of £335,000 on 3rd September 2021. For the value to have increased from £335,000 to £404,636 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of THE BUNGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The September 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGE has not materially changed since September 2021.

How Large is THE BUNGE?

THE BUNGE is 107m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where THE BUNGE lies on this distribution: 48% of detached houses houses are smaller than THE BUNGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE BUNGE: Plot and Title Map

THE BUNGE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of THE BUNGE, 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 THE BUNGE). 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 THE BUNGE?

THE BUNGE is located on WHITECROFT ROAD in BREAM, in the GL15 postcode district. The below map shows the position of THE BUNGE on WHITECROFT ROAD.