5, THE PADDOCKS, COLEFORD, GL16 7PX - £245,000

5 THE PADDOCKS is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £245,000 in July 2019, which was around 22% below the average July 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

5 THE PADDOCKS Sold Prices

Land registry data shows four sales for 5 THE PADDOCKS 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 5 THE PADDOCKS 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
2019 26 JUL	£245,000	£313,724	22% below HPI
2013 24 MAY	£170,000	£230,260	26% below HPI
2004 26 MAY	£172,500	£204,380	16% below HPI
1998 14 AUG	£76,995	£91,203	16% below HPI

5 THE PADDOCKS 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 THE PADDOCKS sales between August 1998 and July 2019 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 May 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 THE PADDOCKS?

5 THE PADDOCKS is 81m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 THE PADDOCKS lies on this distribution: 17% of detached houses are smaller than 5 THE PADDOCKS, and 82% of houses are larger. Note that EPC data is not available for all properties in Coleford.

5 THE PADDOCKS: Plot and Title Map

5 THE PADDOCKS sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 THE PADDOCKS, 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 THE PADDOCKS). 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 THE PADDOCKS?

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