THE LAURELS, PASTORS HILL, BREAM, LYDNEY, GL15 6NA - £390,000

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 LAURELS is a very large extended detached house of 159m², built sometime between 1900 and 1929, which could now be worth an estimated £596,736. It was last sold for £390,000 in March 2016, which was around 47% above the average March 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

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. One of the two THE LAURELS sales was for above the average price, whilst the other was 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 31 MAR	£390,000	£264,713	47% above HPI
2008 29 FEB	£230,000	£246,335	7% below 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 February 2008 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 February 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2016 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £596,736.

This is based on house price inflation of 53%, between March 2016 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 53% inflationary increase is applied to the most recent sale price for THE LAURELS of £390,000 on 31st March 2016. For the value to have increased from £390,000 to £596,736 over the nine years and one month to February 2025, 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 March 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since March 2016.

How Large is THE LAURELS?

THE LAURELS is 159m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% 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 LAURELS lies on this distribution: 87% of detached houses houses are smaller than THE LAURELS, and 12% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.283 of an acre, or 1,145m². 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 PASTORS HILL in BREAM, in the GL15 postcode district. The below map shows the position of THE LAURELS on PASTORS HILL.