HOMELANDS, OAKWOOD ROAD, SLING, COLEFORD, GL16 8JG - £130,000

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.

HOMELANDS is a midsized extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £362,036. It was last sold for £130,000 in July 2002, which was around 11% below the average July 2002 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

HOMELANDS Sold Prices

Land registry data shows two sales for HOMELANDS 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 HOMELANDS 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
2002 16 JUL	£130,000	£145,440	11% below HPI
1995 5 MAY	£40,000	£70,525	43% below HPI

HOMELANDS 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 HOMELANDS sales from May 1995 and July 2002 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 May 1995 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might HOMELANDS be worth now?

HOMELANDS might now be worth an estimated £362,036.

This is based on house price inflation of 178.5%, between July 2002 and February 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 178.5% inflationary increase is applied to the most recent sale price for HOMELANDS of £130,000 on 16th July 2002. For the value to have increased from £130,000 to £362,036 over the 23 years and five months to February 2025, the following assumptions must hold true:

• The value of HOMELANDS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The July 2002 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of HOMELANDS has not materially changed since July 2002.

How Large is HOMELANDS?

HOMELANDS is 94m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 50% of detached houses houses in Sling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sling, and where HOMELANDS lies on this distribution: 44% of detached houses houses are smaller than HOMELANDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Sling.

HOMELANDS: Plot and Title Map

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

HOMELANDS is located on OAKWOOD ROAD in SLING, in the GL16 postcode district. The below map shows the position of HOMELANDS on OAKWOOD ROAD.