23, MACHEN ROAD, BROADWELL, COLEFORD, GL16 7BU - £174,000

23 MACHEN ROAD is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £174,000 in May 2006, which was around 26% below the average May 2006 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

23 MACHEN ROAD Sold Prices

Land registry data shows two sales for 23 MACHEN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Both of the two 23 MACHEN 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
2006 31 MAY	£174,000	£233,704	26% below HPI
1997 7 FEB	£60,000	£79,892	25% below HPI

23 MACHEN 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 two 23 MACHEN ROAD sales from February 1997 and May 2006 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 February 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2006 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 23 MACHEN ROAD?

23 MACHEN ROAD is 78m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Broadwell, based on EPC data. The below chart shows the distribution of detached houses by size in Broadwell, and where 23 MACHEN ROAD lies on this distribution: 13% of detached houses are smaller than 23 MACHEN ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Broadwell.

23 MACHEN ROAD: Plot and Title Map

23 MACHEN ROAD sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 23 MACHEN 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 23 MACHEN 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 23 MACHEN ROAD?

23 MACHEN ROAD is located in BROADWELL, in the GL16 postcode district. The below map shows the position of No. 23 on MACHEN ROAD.