BROMLEY COTTAGE, ELLWOOD, COLEFORD, GL16 7LZ - £205,000

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.

BROMLEY COTTAGE is a very large detached house of 212m², built in 2022, which could now be worth an estimated £271,846. It was last sold for £205,000 in June 2018, which was around 31% below the average June 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was March 2022, where the current energy rating was A, and the potential energy rating was A.

BROMLEY COTTAGE Sold Prices

Land registry data shows two sales for BROMLEY COTTAGE 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 BROMLEY COTTAGE 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
2018 29 JUN	£205,000	£298,354	31% below HPI
1998 11 SEP	£28,000	£86,121	67% below HPI

BROMLEY COTTAGE 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 BROMLEY COTTAGE sales from September 1998 and June 2018 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 September 1998 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might BROMLEY COTTAGE be worth now?

BROMLEY COTTAGE might now be worth an estimated £271,846.

This is based on house price inflation of 32.6%, between June 2018 and June 2025, for 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 32.6% inflationary increase is applied to the most recent sale price for BROMLEY COTTAGE of £205,000 on 29th June 2018. For the value to have increased from £205,000 to £271,846 over the seven years to June 2025, the following assumptions must hold true:

• The value of BROMLEY COTTAGE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The June 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of BROMLEY COTTAGE has not materially changed since June 2018.

How Large is BROMLEY COTTAGE?

BROMLEY COTTAGE is 212m² according to the EPC inspection conducted in March 2022. This puts it in the largest 10% of detached houses houses in Ellwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellwood, and where BROMLEY COTTAGE lies on this distribution: 96% of detached houses houses are smaller than BROMLEY COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ellwood.

BROMLEY COTTAGE: Plot and Title Map

BROMLEY COTTAGE sits on a plot of roughly 0.300 of an acre, or 1,214m². The below map shows the location of BROMLEY COTTAGE, 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 BROMLEY COTTAGE). 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 BROMLEY COTTAGE?

BROMLEY COTTAGE is located in ELLWOOD, in the GL16 postcode district. The below map shows the position of BROMLEY COTTAGE in ELLWOOD.