20, MICHAELS WAY, SLING, COLEFORD, GL16 8LZ - £187,500

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.

20 MICHAELS WAY is a midsized extended semi-detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £247,099. It was last sold for £187,500 in November 2018, which was around 6% below the average November 2018 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was D.

20 MICHAELS WAY Sold Prices

Land registry data shows six sales for 20 MICHAELS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. Most of the six 20 MICHAELS WAY sales were 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
2018 9 NOV	£187,500	£200,516	6% below HPI
2014 1 AUG	£169,000	£156,091	8% above HPI
2006 17 NOV	£152,750	£160,595	5% below HPI
2006 15 MAR	£160,000	£153,385	4% above HPI
2001 12 SEP	£88,000	£80,541	9% above HPI
1999 5 MAR	£64,000	£53,809	19% above HPI

20 MICHAELS WAY 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 six 20 MICHAELS WAY sales between March 1999 and November 2018 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 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 20 MICHAELS WAY be worth now?

20 MICHAELS WAY might now be worth an estimated £247,099.

This is based on house price inflation of 31.8%, between November 2018 and March 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 31.8% inflationary increase is applied to the most recent sale price for 20 MICHAELS WAY of £187,500 on 9th November 2018. For the value to have increased from £187,500 to £247,099 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 20 MICHAELS WAY has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The November 2018 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 20 MICHAELS WAY has not materially changed since November 2018.

How Large is 20 MICHAELS WAY?

20 MICHAELS WAY is 95m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of semi-detached houses houses in Sling, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sling, and where 20 MICHAELS WAY lies on this distribution: 44% of semi-detached houses houses are smaller than 20 MICHAELS WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Sling.

20 MICHAELS WAY: Plot and Title Map

20 MICHAELS WAY sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 20 MICHAELS WAY, 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 20 MICHAELS WAY). 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 20 MICHAELS WAY?

20 MICHAELS WAY is located in SLING, in the GL16 postcode district. The below map shows the position of No. 20 on MICHAELS WAY.