3, HILLSIDE CLOSE, BREAM, LYDNEY, GL15 6LU - £220,000

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.

3 HILLSIDE CLOSE is a midsized extended semi-detached house of 105m², built sometime between 1976 and 1982, which could now be worth an estimated £260,755. It was last sold for £220,000 in April 2021, which was around 1% above the average April 2021 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

3 HILLSIDE CLOSE Sold Prices

Land registry data shows three sales for 3 HILLSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. One of the three 3 HILLSIDE CLOSE sales was for above the average price, whilst two 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
2021 16 APR	£220,000	£217,801	1% above HPI
2006 14 JUL	£149,000	£155,052	4% below HPI
1999 17 DEC	£50,500	£61,905	18% below HPI

3 HILLSIDE CLOSE 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 three 3 HILLSIDE CLOSE sales between December 1999 and April 2021 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 July 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 HILLSIDE CLOSE be worth now?

3 HILLSIDE CLOSE might now be worth an estimated £260,755.

This is based on house price inflation of 18.5%, between April 2021 and April 2026, 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 18.5% inflationary increase is applied to the most recent sale price for 3 HILLSIDE CLOSE of £220,000 on 16th April 2021. For the value to have increased from £220,000 to £260,755 over the five years to April 2026, the following assumptions must hold true:

• The value of 3 HILLSIDE CLOSE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The April 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HILLSIDE CLOSE has not materially changed since April 2021.

How Large is 3 HILLSIDE CLOSE?

3 HILLSIDE CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of semi-detached houses houses in Bream, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bream, and where 3 HILLSIDE CLOSE lies on this distribution: 46% of semi-detached houses houses are smaller than 3 HILLSIDE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Bream.

3 HILLSIDE CLOSE: Plot and Title Map

3 HILLSIDE CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 HILLSIDE CLOSE, 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 3 HILLSIDE CLOSE). 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 3 HILLSIDE CLOSE?

3 HILLSIDE CLOSE is located in BREAM, in the GL15 postcode district. The below map shows the position of No. 3 on HILLSIDE CLOSE.