HILLCREST, NEW ROAD, BREAM, LYDNEY, GL15 6HH - £310,000

HILLCREST is a midsized extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £310,000 in May 2021, which was around 9% below the average May 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was D.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2021 12 MAY	£310,000	£340,489	9% below HPI
2007 23 FEB	£189,950	£250,288	24% below HPI

HILLCREST 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 HILLCREST sales from February 2007 and May 2021 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 February 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is HILLCREST?

HILLCREST is 120m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where HILLCREST lies on this distribution: 57% of detached houses are smaller than HILLCREST, and 42% of houses are larger. Note that EPC data is not available for all properties in Bream.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on NEW ROAD in BREAM, in the GL15 postcode district. The below map shows the position of HILLCREST on NEW ROAD.