VECTIS, NEW ROAD, BREAM, LYDNEY, GL15 6HH - £223,500

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.

VECTIS is a large extended detached house of 124m², built sometime between 1930 and 1949, which could now be worth an estimated £358,630. It was last sold for £223,500 in November 2014, which was around 11% below the average November 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

VECTIS Sold Prices

Land registry data shows two sales for VECTIS 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 VECTIS 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
2014 27 NOV	£223,500	£252,420	11% below HPI
2007 2 FEB	£235,000	£248,846	6% below HPI

VECTIS 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 VECTIS sales from February 2007 and November 2014 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 February 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2014 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might VECTIS be worth now?

VECTIS might now be worth an estimated £358,630.

This is based on house price inflation of 60.5%, between November 2014 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 60.5% inflationary increase is applied to the most recent sale price for VECTIS of £223,500 on 27th November 2014. For the value to have increased from £223,500 to £358,630 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of VECTIS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2014 sale price of £223,500 represented a fair market value for the property.
• The size, condition, and specification of VECTIS has not materially changed since November 2014.

How Large is VECTIS?

VECTIS is 124m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Bream, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bream, and where VECTIS lies on this distribution: 61% of detached houses houses are smaller than VECTIS, and 39% of houses are larger. Note that EPC data is not available for all properties in Bream.

VECTIS: Plot and Title Map

VECTIS sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of VECTIS, 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 VECTIS). 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 VECTIS?

VECTIS is located on NEW ROAD in BREAM, in the GL15 postcode district. The below map shows the position of VECTIS on NEW ROAD.