THE OLD STORES, ELLWOOD, COLEFORD, GL16 7LY - £378,000

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 STORES is a small extended detached house of 108m², built sometime before 1900. It was last sold for £378,000 in February 2022, which was around 2% above the average February 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was B.

THE OLD STORES Sold Prices

Land registry data shows three sales for THE OLD STORES 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. One of the three THE OLD STORES sales was for above the average price, whilst two 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
2022 8 FEB	£378,000	£369,910	2% above HPI
2016 16 DEC	£250,000	£268,058	7% below HPI
1996 13 FEB	£25,000	£67,226	63% below HPI

THE OLD STORES 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 STORES sales between February 1996 and February 2022 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 December 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE OLD STORES?

THE OLD STORES is 108m², which includes four extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses in Ellwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ellwood, and where THE OLD STORES lies on this distribution: 32% of detached houses are smaller than THE OLD STORES, and 68% of houses are larger. Note that EPC data is not available for all properties in Ellwood.

THE OLD STORES: Plot and Title Map

THE OLD STORES sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of THE OLD STORES, 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 STORES). 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 STORES?

THE OLD STORES is located in ELLWOOD, in the GL16 postcode district. The below map shows the position of THE OLD STORES in ELLWOOD.