GRIANAN, WILDERNESS DRIVE, MITCHELDEAN, GL17 0HA - £500,000

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.

GRIANAN is a midsized extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £514,541. It was last sold for £500,000 in December 2022, which was around 30% above the average December 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was D.

GRIANAN Sold Prices

Land registry data shows two sales for GRIANAN 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 GRIANAN 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
2022 9 DEC	£500,000	£384,460	30% above HPI
1999 1 SEP	£150,000	£99,641	51% above HPI

GRIANAN 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 GRIANAN sales from September 1999 and December 2022 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 1999 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the December 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might GRIANAN be worth now?

GRIANAN might now be worth an estimated £514,541.

This is based on house price inflation of 2.9%, between December 2022 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 2.9% inflationary increase is applied to the most recent sale price for GRIANAN of £500,000 on 9th December 2022. For the value to have increased from £500,000 to £514,541 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of GRIANAN has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The December 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of GRIANAN has not materially changed since December 2022.

How Large is GRIANAN?

GRIANAN is 121m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses houses in Plump Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plump Hill, and where GRIANAN lies on this distribution: 57% of detached houses houses are smaller than GRIANAN, and 43% of houses are larger. Note that EPC data is not available for all properties in Plump Hill.

GRIANAN: Plot and Title Map

GRIANAN sits on a plot of roughly 0.507 of an acre, or 2,050m². The below map shows the location of GRIANAN, 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 GRIANAN). 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 GRIANAN?

GRIANAN is located on WILDERNESS DRIVE in MITCHELDEAN, in the GL17 postcode district. The below map shows the position of GRIANAN on WILDERNESS DRIVE.