LARCHWOOD, WOOD EDGE ROAD, LOWER MILKWALL, COLEFORD, GL16 7LF - £223,000

LARCHWOOD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £223,000 in July 2014, which was around 6% below the average July 2014 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

LARCHWOOD Sold Prices

Land registry data shows three sales for LARCHWOOD 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 LARCHWOOD 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
2014 11 JUL	£223,000	£238,089	6% below HPI
2011 28 APR	£165,000	£238,062	31% below HPI
2000 2 MAR	£72,000	£101,369	29% below HPI

LARCHWOOD 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 LARCHWOOD sales between March 2000 and July 2014 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 April 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is LARCHWOOD?

LARCHWOOD is 71m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Milkwall, based on EPC data. The below chart shows the distribution of detached houses by size in Milkwall, and where LARCHWOOD lies on this distribution: 4% of detached houses are smaller than LARCHWOOD, and 96% of houses are larger. Note that EPC data is not available for all properties in Milkwall.

LARCHWOOD: Plot and Title Map

LARCHWOOD sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of LARCHWOOD, 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 LARCHWOOD). 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 LARCHWOOD?

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