2, PIKE ROAD, COLEFORD, GL16 8DE - £194,000

2 PIKE ROAD is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £194,000 in September 2009, which was around 14% below the average September 2009 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

2 PIKE ROAD Sold Prices

Land registry data shows three sales for 2 PIKE ROAD 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 PIKE 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
2009 15 SEP	£194,000	£225,583	14% below HPI
2006 19 MAY	£195,000	£233,704	17% below HPI
1996 29 APR	£40,000	£70,885	44% below HPI

2 PIKE 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 three 2 PIKE ROAD sales between April 1996 and September 2009 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 May 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2009 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 PIKE ROAD?

2 PIKE ROAD is 75m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where 2 PIKE ROAD lies on this distribution: 12% of detached houses are smaller than 2 PIKE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Coleford.

2 PIKE ROAD: Plot and Title Map

2 PIKE ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 PIKE 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 2 PIKE 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 2 PIKE ROAD?

2 PIKE ROAD is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 2 on PIKE ROAD.