THE LAURELS, BOVONE LANE, TIBBERTON, GLOUCESTER, GL2 8EA - £682,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE LAURELS is a very large extended detached house of 210m², built sometime before 1900, which could now be worth an estimated £832,430. It was last sold for £682,500 in February 2020, which was around 118% above the average February 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2020 14 FEB	£682,500	£313,218	118% above HPI
2012 9 OCT	£427,500	£220,066	94% above HPI

THE LAURELS 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 LAURELS sales from October 2012 and February 2020 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 2012 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the February 2020 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £832,430.

This is based on house price inflation of 22%, between February 2020 and December 2024, 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 22% inflationary increase is applied to the most recent sale price for THE LAURELS of £682,500 on 14th February 2020. For the value to have increased from £682,500 to £832,430 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The February 2020 sale price of £682,500 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since February 2020.

How Large is THE LAURELS?

THE LAURELS is 210m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 10% of detached houses houses in Tibberton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tibberton, and where THE LAURELS lies on this distribution: 90% of detached houses houses are smaller than THE LAURELS, and 10% of houses are larger. Note that EPC data is not available for all properties in Tibberton.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.474 of an acre, or 1,917m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on BOVONE LANE in TIBBERTON, in the GL2 postcode district. The below map shows the position of THE LAURELS on BOVONE LANE.