BUZZARDS, LOWER ROAD, SOUDLEY, CINDERFORD, GL14 2TZ - £339,500

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.

BUZZARDS is a very large extended detached house of 157m², built sometime between 2003 and 2006, which could now be worth an estimated £567,026. It was last sold for £339,500 in May 2010, which was around 44% above the average May 2010 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

BUZZARDS Sold Prices

Land registry data shows two sales for BUZZARDS 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 BUZZARDS sales were for above 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
2010 14 MAY	£339,500	£236,104	44% above HPI
2002 10 JAN	£285,000	£130,270	119% above HPI

BUZZARDS 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 BUZZARDS sales from January 2002 and May 2010 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 January 2002 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the May 2010 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might BUZZARDS be worth now?

BUZZARDS might now be worth an estimated £567,026.

This is based on house price inflation of 67%, between May 2010 and May 2026, 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 67% inflationary increase is applied to the most recent sale price for BUZZARDS of £339,500 on 14th May 2010. For the value to have increased from £339,500 to £567,026 over the sixteen years to May 2026, the following assumptions must hold true:

• The value of BUZZARDS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2010 sale price of £339,500 represented a fair market value for the property.
• The size, condition, and specification of BUZZARDS has not materially changed since May 2010.

How Large is BUZZARDS?

BUZZARDS is 157m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses houses in Upper Soudley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Upper Soudley, and where BUZZARDS lies on this distribution: 81% of detached houses houses are smaller than BUZZARDS, and 19% of houses are larger. Note that EPC data is not available for all properties in Upper Soudley.

BUZZARDS: Plot and Title Map

BUZZARDS sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of BUZZARDS, 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 BUZZARDS). 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 BUZZARDS?

BUZZARDS is located on LOWER ROAD in SOUDLEY, in the GL14 postcode district. The below map shows the position of BUZZARDS on LOWER ROAD.