TREE TOPS, CHEPSTOW ROAD, SLING, COLEFORD, GL16 8JE - £227,500

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

TREE TOPS is a very large extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £227,500 in October 2016, which was around 18% below the average October 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was C.

TREE TOPS Sold Prices

Land registry data shows two sales for TREE TOPS 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 TREE TOPS 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 24 OCT	£227,500	£278,707	18% below HPI
2014 10 DEC	£220,000	£248,782	12% below HPI

TREE TOPS 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 TREE TOPS sales from December 2014 and October 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 December 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is TREE TOPS?

TREE TOPS is 148m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 20% of detached houses in Sling, based on EPC data. The below chart shows the distribution of detached houses by size in Sling, and where TREE TOPS lies on this distribution: 86% of detached houses are smaller than TREE TOPS, and 12% of houses are larger. Note that EPC data is not available for all properties in Sling.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

TREE TOPS is located on CHEPSTOW ROAD in SLING, in the GL16 postcode district. The below map shows the position of TREE TOPS on CHEPSTOW ROAD.