FOREST VIEW, MORSE LANE, DRYBROOK, GL17 9BE - £435,000

FOREST VIEW is a very large extended detached house of 169m², built sometime before 1900. It was last sold for £435,000 in November 2013, which was around 90% above the average November 2013 detached price in the Forest of Dean local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

FOREST VIEW Sold Prices

Land registry data shows three sales for FOREST VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three FOREST VIEW 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
2013 6 NOV	£435,000	£229,438	90% above HPI
2002 5 JUL	£190,000	£146,282	30% above HPI
1995 14 DEC	£85,000	£72,675	17% above HPI

FOREST VIEW 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 three FOREST VIEW sales between December 1995 and November 2013 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 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2013 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is FOREST VIEW?

FOREST VIEW is 169m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses by size in Drybrook, and where FOREST VIEW lies on this distribution: 85% of detached houses are smaller than FOREST VIEW, and 15% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

FOREST VIEW: Plot and Title Map

FOREST VIEW sits on a plot of roughly 2.6 acres, or 10,563m². The below map shows the location of FOREST VIEW, 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 FOREST VIEW). 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 FOREST VIEW?

FOREST VIEW is located on MORSE LANE in DRYBROOK, in the GL17 postcode district. The below map shows the position of FOREST VIEW on MORSE LANE.