16, GREENWAYS DRIVE, COLEFORD, GL16 8PF - £50,000

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.

16 GREENWAYS DRIVE is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £229,741. It was last sold for £50,000 in May 1999, which was around 12% below the average May 1999 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

16 GREENWAYS DRIVE Sold Prices

Land registry data shows two sales for 16 GREENWAYS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. One of the two 16 GREENWAYS DRIVE sales was for below the average price, whilst the other was for above 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
1999 28 MAY	£50,000	£56,844	12% below HPI
1995 25 AUG	£46,000	£44,638	3% above HPI

16 GREENWAYS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two 16 GREENWAYS DRIVE sales from August 1995 and May 1999 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 August 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 1999 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 GREENWAYS DRIVE be worth now?

16 GREENWAYS DRIVE might now be worth an estimated £229,741.

This is based on house price inflation of 359.5%, between May 1999 and February 2025, for semi-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 359.5% inflationary increase is applied to the most recent sale price for 16 GREENWAYS DRIVE of £50,000 on 28th May 1999. For the value to have increased from £50,000 to £229,741 over the 26 years and three months to February 2025, the following assumptions must hold true:

• The value of 16 GREENWAYS DRIVE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The May 1999 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GREENWAYS DRIVE has not materially changed since May 1999.

How Large is 16 GREENWAYS DRIVE?

16 GREENWAYS DRIVE is 70m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of semi-detached houses houses in Coleford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Coleford, and where 16 GREENWAYS DRIVE lies on this distribution: 11% of semi-detached houses houses are smaller than 16 GREENWAYS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Coleford.

16 GREENWAYS DRIVE: Plot and Title Map

16 GREENWAYS DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 16 GREENWAYS DRIVE, 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 16 GREENWAYS DRIVE). 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 16 GREENWAYS DRIVE?

16 GREENWAYS DRIVE is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 16 on GREENWAYS DRIVE.