THE SMITHY, PILLOWS GREEN ROAD, CORSE, GLOUCESTER, GL19 3NX - £740,000

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 SMITHY is a very large detached house of 271m², built sometime between 1996 and 2002. It was last sold for £740,000 in August 2016, which was around 169% above the average August 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

THE SMITHY Sold Prices

Land registry data shows three sales for THE SMITHY 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 SMITHY 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
2016 24 AUG	£740,000	£274,658	169% above HPI
2010 30 JUL	£620,000	£239,281	159% above HPI
2000 20 OCT	£165,000	£118,126	40% above HPI

THE SMITHY 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 SMITHY sales between October 2000 and August 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 July 2010 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the August 2016 sale, where it rises to 169% above the HPI. The line then continues to track at 169% above the HPI.

How Large is THE SMITHY?

THE SMITHY is 271m² according to the EPC inspection conducted in March 2016. This puts it in the largest 10% of detached houses in Corse, based on EPC data. The below chart shows the distribution of detached houses by size in Corse, and where THE SMITHY lies on this distribution: 99% of detached houses are smaller than THE SMITHY, and 1% of houses are larger. Note that EPC data is not available for all properties in Corse.

THE SMITHY: Plot and Title Map

THE SMITHY sits on a plot of roughly 0.818 of an acre, or 3,310m². The below map shows the location of THE SMITHY, 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 SMITHY). 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 SMITHY?

THE SMITHY is located on PILLOWS GREEN ROAD in CORSE, in the GL19 postcode district. The below map shows the position of THE SMITHY on PILLOWS GREEN ROAD.