THE COTTAGE, HORWELL HILL, BREAM, LYDNEY, GL15 6BW - £460,000

THE COTTAGE is a very large extended detached house of 171m², built sometime before 1900. It was last sold for £460,000 in June 2012, which was around 102% above the average June 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

THE COTTAGE Sold Prices

Land registry data shows three sales for THE 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. All of the three THE COTTAGE sales were 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
2012 14 JUN	£460,000	£227,453	102% above HPI
2001 10 MAY	£305,000	£118,830	157% above HPI
1999 30 JUL	£208,000	£100,884	106% above HPI

THE 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 THE COTTAGE sales between July 1999 and June 2012 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 2001 sale was for 157% above the HPI. So the extrapolation line tracks at 157% above the HPI over time, until the June 2012 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is THE COTTAGE?

THE COTTAGE is 171m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where THE COTTAGE lies on this distribution: 90% of detached houses are smaller than THE COTTAGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE COTTAGE: Plot and Title Map

THE COTTAGE sits on a plot of roughly 2.4 acres, or 9,639m². The below map shows the location of THE 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 THE 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 THE COTTAGE?

THE COTTAGE is located on HORWELL HILL in BREAM, in the GL15 postcode district. The below map shows the position of THE COTTAGE on HORWELL HILL.