WOODSIDE, UNION ROAD, BAKERS HILL, COLEFORD, GL16 7QB - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WOODSIDE is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £235,000 in November 2016, which was around 14% below the average November 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

WOODSIDE Sold Prices

Land registry data shows two sales for WOODSIDE 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 WOODSIDE 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 11 NOV	£235,000	£272,937	14% below HPI
2003 24 OCT	£169,000	£188,476	10% below HPI

WOODSIDE 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 WOODSIDE sales from October 2003 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 October 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might WOODSIDE be worth now?

WOODSIDE might now be worth an estimated £328,925.

This is based on house price inflation of 40%, between November 2016 and December 2024, 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 40% inflationary increase is applied to the most recent sale price for WOODSIDE of £235,000 on 11th November 2016. For the value to have increased from £235,000 to £328,925 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of WOODSIDE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The November 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of WOODSIDE has not materially changed since November 2016.

How Large is WOODSIDE?

WOODSIDE is 90m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleford, and where WOODSIDE lies on this distribution: 25% of detached houses houses are smaller than WOODSIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Coleford.

WOODSIDE: Plot and Title Map

WOODSIDE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of WOODSIDE, 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 WOODSIDE). 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 WOODSIDE?

WOODSIDE is located on UNION ROAD in BAKERS HILL, in the GL16 postcode district. The below map shows the position of WOODSIDE on UNION ROAD.