VARNEY COTTAGE, LINK ROAD, UPPER ROAD, PILLOWELL, LYDNEY, GL15 4RB - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VARNEY COTTAGE is a large extended detached house of 136m², built sometime before 1900, which could now be worth an estimated £445,196. It was last sold for £300,000 in November 2016, which was around 10% above the average November 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

VARNEY COTTAGE Sold Prices

Land registry data shows two sales for VARNEY COTTAGE 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. One of the two VARNEY COTTAGE sales was for above the average price, whilst the other was roughly equal to 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 21 NOV	£300,000	£272,937	10% above HPI
2005 15 DEC	£224,000	£224,933	Close to HPI

VARNEY COTTAGE 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 VARNEY COTTAGE sales from December 2005 and November 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 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2016 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might VARNEY COTTAGE be worth now?

VARNEY COTTAGE might now be worth an estimated £445,196.

This is based on house price inflation of 48.4%, between November 2016 and February 2025, for detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.4% inflationary increase is applied to the most recent sale price for VARNEY COTTAGE of £300,000 on 21st November 2016. For the value to have increased from £300,000 to £445,196 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of VARNEY COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2016 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of VARNEY COTTAGE has not materially changed since November 2016.

How Large is VARNEY COTTAGE?

VARNEY COTTAGE is 136m², which includes four extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Yorkley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yorkley, and where VARNEY COTTAGE lies on this distribution: 61% of detached houses houses are smaller than VARNEY COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Yorkley.

VARNEY COTTAGE: Plot and Title Map

VARNEY COTTAGE sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of VARNEY COTTAGE, 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 VARNEY COTTAGE). 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 VARNEY COTTAGE?

VARNEY COTTAGE, LINK ROAD is located on UPPER ROAD in PILLOWELL, in the GL15 postcode district. The below map shows the position of VARNEY COTTAGE, LINK ROAD on UPPER ROAD.