THE NOOK, PARKEND ROAD, BREAM, LYDNEY, GL15 6JR - £565,000

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 NOOK is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £565,000 in May 2021, which was around 66% above the average May 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was D.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 NOOK 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
2021 19 MAY	£565,000	£340,489	66% above HPI
2015 12 OCT	£345,000	£257,980	34% above HPI

THE NOOK 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 NOOK sales from October 2015 and May 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 October 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is THE NOOK?

THE NOOK is 130m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% 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 NOOK lies on this distribution: 66% of detached houses are smaller than THE NOOK, and 34% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.777 of an acre, or 3,145m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

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