5, PARK ROAD, COLEFORD, GL16 8AX - £315,000

5 PARK ROAD is a large detached house of 138m², built sometime between 1950 and 1966. It was last sold for £315,000 in March 2020, which was around 1% above the average March 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

5 PARK ROAD Sold Prices

Land registry data shows four sales for 5 PARK ROAD 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. Most of the four 5 PARK 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
2020 23 MAR	£315,000	£311,010	1% above HPI
2014 5 MAR	£205,000	£231,732	12% below HPI
2006 17 NOV	£232,995	£245,463	5% below HPI
2003 28 NOV	£187,500	£191,563	2% below HPI

5 PARK 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 four 5 PARK ROAD sales between November 2003 and March 2020 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 March 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 PARK ROAD?

5 PARK ROAD is 138m² according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Coleford, based on EPC data. The below chart shows the distribution of detached houses by size in Coleford, and where 5 PARK ROAD lies on this distribution: 76% of detached houses are smaller than 5 PARK ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Coleford.

5 PARK ROAD: Plot and Title Map

5 PARK ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 5 PARK 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 5 PARK 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 5 PARK ROAD?

5 PARK ROAD is located in COLEFORD, in the GL16 postcode district. The below map shows the position of No. 5 on PARK ROAD.