THE SHAMBLES, THE TRAM ROAD, COLEFORD, GL16 8TR - £125,000

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 SHAMBLES is a very small extended detached house of 41m², built sometime before 1900. It was last sold for £125,000 in October 2019, which was around 61% below the average October 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was A.

THE SHAMBLES Sold Prices

Land registry data shows two sales for THE SHAMBLES 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 SHAMBLES 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
2019 25 OCT	£125,000	£318,398	61% below HPI
2018 1 OCT	£118,000	£323,748	64% below HPI

THE SHAMBLES 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 SHAMBLES sales from October 2018 and October 2019 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 2018 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the October 2019 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is THE SHAMBLES?

THE SHAMBLES is 41m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where THE SHAMBLES lies on this distribution: 1% of detached houses are smaller than THE SHAMBLES, and 99% of houses are larger. Note that EPC data is not available for all properties in Coleford.

THE SHAMBLES: Plot and Title Map

THE SHAMBLES sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of THE SHAMBLES, 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 SHAMBLES). 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 SHAMBLES?

THE SHAMBLES is located on THE TRAM ROAD in COLEFORD, in the GL16 postcode district. The below map shows the position of THE SHAMBLES on THE TRAM ROAD.