22, MICHAELS WAY, SLING, COLEFORD, GL16 8LZ - £260,000

22 MICHAELS WAY is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £260,000 in October 2023, which was around 33% below the average October 2023 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

22 MICHAELS WAY Sold Prices

Land registry data shows four sales for 22 MICHAELS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four 22 MICHAELS WAY 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
2023 2 OCT	£260,000	£387,013	33% below HPI
2017 30 JUN	£170,000	£275,062	38% below HPI
2015 19 JAN	£168,000	£246,527	32% below HPI
1997 27 MAR	£54,000	£76,370	29% below HPI

22 MICHAELS WAY 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 four 22 MICHAELS WAY sales between March 1997 and October 2023 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 June 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2023 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 22 MICHAELS WAY?

22 MICHAELS WAY is 83m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses in Sling, based on EPC data. The below chart shows the distribution of detached houses by size in Sling, and where 22 MICHAELS WAY lies on this distribution: 26% of detached houses are smaller than 22 MICHAELS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Sling.

22 MICHAELS WAY: Plot and Title Map

22 MICHAELS WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 22 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 22 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 22 MICHAELS WAY?

22 MICHAELS WAY is located in SLING, in the GL16 postcode district. The below map shows the position of No. 22 on MICHAELS WAY.