12A, FOREST ROAD, MILKWALL, COLEFORD, GL16 7LB - £321,000

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.

12A FOREST ROAD is a very small detached house of 76m², built in 2023, which could now be worth an estimated £341,446. It was last sold for £321,000 in December 2024, which was around 13% below the average December 2024 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2023, where the current energy rating was B, and the potential energy rating was A.

12A FOREST ROAD Sold Prices

Land registry data shows two sales for 12A FOREST ROAD 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 12A FOREST ROAD 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 DEC	£321,000	£370,723	13% below HPI
2021 16 APR	£210,000	£336,137	38% below HPI

12A FOREST ROAD 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 12A FOREST ROAD sales from April 2021 and December 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 April 2021 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 12A FOREST ROAD be worth now?

12A FOREST ROAD might now be worth an estimated £341,446.

This is based on house price inflation of 6.4%, between December 2024 and May 2026, 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 6.4% inflationary increase is applied to the most recent sale price for 12A FOREST ROAD of £321,000 on 19th December 2024. For the value to have increased from £321,000 to £341,446 over the two years and seven months to May 2026, the following assumptions must hold true:

• The value of 12A FOREST ROAD has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2024 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 12A FOREST ROAD has not materially changed since December 2024.

How Large is 12A FOREST ROAD?

12A FOREST ROAD is 76m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Milkwall, and where 12A FOREST ROAD lies on this distribution: 5% of detached houses houses are smaller than 12A FOREST ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

12A FOREST ROAD: Plot and Title Map

12A FOREST ROAD sits on a plot of roughly 0.356 of an acre, or 1,442m². The below map shows the location of 12A FOREST ROAD, 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 12A FOREST ROAD). 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 12A FOREST ROAD?

12A FOREST ROAD is located in MILKWALL, in the GL16 postcode district. The below map shows the position of No. 12A on FOREST ROAD.