2, OAK CRESCENT, WOOLASTON, LYDNEY, GL15 6PF - £235,000

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.

2 OAK CRESCENT is a very small detached house of 80m², built sometime between 1983 and 1990, which could now be worth an estimated £331,156. It was last sold for £235,000 in March 2017, which was around 16% below the average March 2017 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

2 OAK CRESCENT Sold Prices

Land registry data shows three sales for 2 OAK CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 2 OAK CRESCENT 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
2017 10 MAR	£235,000	£279,898	16% below HPI
2014 22 SEP	£190,000	£252,954	25% below HPI
2004 29 OCT	£182,500	£226,770	20% below HPI

2 OAK CRESCENT 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 three 2 OAK CRESCENT sales between October 2004 and March 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 September 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 OAK CRESCENT be worth now?

2 OAK CRESCENT might now be worth an estimated £331,156.

This is based on house price inflation of 40.9%, between March 2017 and April 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 40.9% inflationary increase is applied to the most recent sale price for 2 OAK CRESCENT of £235,000 on 10th March 2017. For the value to have increased from £235,000 to £331,156 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 OAK CRESCENT has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The March 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK CRESCENT has not materially changed since March 2017.

How Large is 2 OAK CRESCENT?

2 OAK CRESCENT is 80m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Woolaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolaston, and where 2 OAK CRESCENT lies on this distribution: 11% of detached houses houses are smaller than 2 OAK CRESCENT, and 87% of houses are larger. Note that EPC data is not available for all properties in Woolaston.

2 OAK CRESCENT: Plot and Title Map

2 OAK CRESCENT sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 2 OAK CRESCENT, 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 2 OAK CRESCENT). 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 2 OAK CRESCENT?

2 OAK CRESCENT is located in WOOLASTON, in the GL15 postcode district. The below map shows the position of No. 2 on OAK CRESCENT.