THE OLD POLICE STATION, PARKEND ROAD, BREAM, LYDNEY, GL15 6JX - £195,000

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 OLD POLICE STATION is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £195,000 in May 2016, which was around 24% below the average May 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

THE OLD POLICE STATION Sold Prices

Land registry data shows three sales for THE OLD POLICE STATION 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 OLD POLICE STATION sales were 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 13 MAY	£195,000	£258,031	24% below HPI
2004 18 JUN	£182,500	£208,209	12% below HPI
2001 14 AUG	£89,995	£132,764	32% below HPI

THE OLD POLICE STATION 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 OLD POLICE STATION sales between August 2001 and May 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 June 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is THE OLD POLICE STATION?

THE OLD POLICE STATION is 100m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 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 OLD POLICE STATION lies on this distribution: 38% of detached houses are smaller than THE OLD POLICE STATION, and 59% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE OLD POLICE STATION: Plot and Title Map

THE OLD POLICE STATION sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of THE OLD POLICE STATION, 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 OLD POLICE STATION). 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 OLD POLICE STATION?

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