THE KNOLL, CHAPEL ROAD, VINEY HILL, LYDNEY, GL15 4NU - £410,000

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

THE KNOLL is a very small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £410,000 in July 2023, which was around 4% above the average July 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

THE KNOLL Sold Prices

Land registry data shows three sales for THE KNOLL 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 KNOLL 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
2023 6 JUL	£410,000	£392,463	4% above HPI
1997 30 SEP	£95,000	£84,359	13% above HPI
1996 28 JUN	£80,000	£74,938	7% above HPI

THE KNOLL 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 KNOLL sales between June 1996 and July 2023 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 September 1997 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2023 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is THE KNOLL?

THE KNOLL is 90m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses in Viney Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Viney Hill, and where THE KNOLL lies on this distribution: 16% of detached houses are smaller than THE KNOLL, and 84% of houses are larger. Note that EPC data is not available for all properties in Viney Hill.

THE KNOLL: Plot and Title Map

THE KNOLL sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of THE KNOLL, 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 KNOLL). 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 KNOLL?

THE KNOLL is located on CHAPEL ROAD in VINEY HILL, in the GL15 postcode district. The below map shows the position of THE KNOLL on CHAPEL ROAD.