YE OLDE MILKING PARLOUR, DRIFFIELD ROAD, LYDNEY, GL15 4LJ - £200,000

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.

YE OLDE MILKING PARLOUR is a very small detached house of 46m², built sometime between 1996 and 2002, which could now be worth an estimated £216,397. It was last sold for £200,000 in April 2024, which was around 47% below the average April 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was A.

YE OLDE MILKING PARLOUR Sold Prices

Land registry data shows two sales for YE OLDE MILKING PARLOUR 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 YE OLDE MILKING PARLOUR 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
2024 19 APR	£200,000	£374,344	47% below HPI
2003 5 DEC	£90,500	£200,056	55% below HPI

YE OLDE MILKING PARLOUR 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 YE OLDE MILKING PARLOUR sales from December 2003 and April 2024 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 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the April 2024 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might YE OLDE MILKING PARLOUR be worth now?

YE OLDE MILKING PARLOUR might now be worth an estimated £216,397.

This is based on house price inflation of 8.2%, between April 2024 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 8.2% inflationary increase is applied to the most recent sale price for YE OLDE MILKING PARLOUR of £200,000 on 19th April 2024. For the value to have increased from £200,000 to £216,397 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of YE OLDE MILKING PARLOUR has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The April 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of YE OLDE MILKING PARLOUR has not materially changed since April 2024.

How Large is YE OLDE MILKING PARLOUR?

YE OLDE MILKING PARLOUR is 46m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lydney, and where YE OLDE MILKING PARLOUR lies on this distribution: Less than 1% of detached houses houses are smaller than YE OLDE MILKING PARLOUR, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lydney.

YE OLDE MILKING PARLOUR: Plot and Title Map

YE OLDE MILKING PARLOUR sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of YE OLDE MILKING PARLOUR, 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 YE OLDE MILKING PARLOUR). 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 YE OLDE MILKING PARLOUR?

YE OLDE MILKING PARLOUR is located on DRIFFIELD ROAD in LYDNEY, in the GL15 postcode district. The below map shows the position of YE OLDE MILKING PARLOUR on DRIFFIELD ROAD.