VERWOOD, OLD ROAD, COALWAY, COLEFORD, GL16 7JN - £390,000

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

VERWOOD is a very large extended detached house of 226m², built sometime between 1967 and 1975. It was last sold for £390,000 in October 2017, which was around 39% above the average October 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

VERWOOD Sold Prices

Land registry data shows two sales for VERWOOD 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 VERWOOD sales was for above the average price, whilst the other was 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
2017 20 OCT	£390,000	£281,418	39% above HPI
2014 4 APR	£187,000	£232,944	20% below HPI

VERWOOD 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 VERWOOD sales from April 2014 and October 2017 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 April 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2017 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is VERWOOD?

VERWOOD is 226m², which includes four extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses in Coalway, based on EPC data. The below chart shows the distribution of detached houses by size in Coalway, and where VERWOOD lies on this distribution: 96% of detached houses are smaller than VERWOOD, and 4% of houses are larger. Note that EPC data is not available for all properties in Coalway.

VERWOOD: Plot and Title Map

VERWOOD sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of VERWOOD, 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 VERWOOD). 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 VERWOOD?

VERWOOD is located on OLD ROAD in COALWAY, in the GL16 postcode district. The below map shows the position of VERWOOD on OLD ROAD.