HILLVIEW, WOOD EDGE ROAD, LOWER MILKWALL, COLEFORD, GL16 7LF - £500,000

HILLVIEW is a midsized extended detached house of 120m², built sometime before 1900. It was last sold for £500,000 in November 2020, which was around 48% above the average November 2020 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

HILLVIEW Sold Prices

Land registry data shows three sales for HILLVIEW 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. Two of the three HILLVIEW sales were for above the average price, whilst one was 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
2020 13 NOV	£500,000	£337,400	48% above HPI
2001 1 OCT	£160,000	£139,183	15% above HPI
1997 24 OCT	£76,500	£83,726	9% below HPI

HILLVIEW 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 HILLVIEW sales between October 1997 and November 2020 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 October 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2020 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is HILLVIEW?

HILLVIEW is 120m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses by size in Milkwall, and where HILLVIEW lies on this distribution: 55% of detached houses are smaller than HILLVIEW, and 45% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

HILLVIEW: Plot and Title Map

HILLVIEW sits on a plot of roughly 0.903 of an acre, or 3,656m². The below map shows the location of HILLVIEW, 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 HILLVIEW). 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 HILLVIEW?

HILLVIEW is located on WOOD EDGE ROAD in LOWER MILKWALL, in the GL16 postcode district. The below map shows the position of HILLVIEW on WOOD EDGE ROAD.