PARKFIELDS, NEW ROAD, BREAM, LYDNEY, GL15 6HJ - £470,000

PARKFIELDS is a very large detached house of 177m², built sometime before 1900. It was last sold for £470,000 in April 2022, which was around 26% above the average April 2022 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was C.

PARKFIELDS Sold Prices

Land registry data shows two sales for PARKFIELDS 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 PARKFIELDS 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 28 APR	£470,000	£371,953	26% above HPI
1999 15 FEB	£120,000	£90,127	33% above HPI

PARKFIELDS 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 PARKFIELDS sales from February 1999 and April 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 February 1999 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is PARKFIELDS?

PARKFIELDS is 177m² according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where PARKFIELDS lies on this distribution: 93% of detached houses are smaller than PARKFIELDS, and 6% of houses are larger. Note that EPC data is not available for all properties in Bream.

PARKFIELDS: Plot and Title Map

PARKFIELDS sits on a plot of roughly 0.258 of an acre, or 1,042m². The below map shows the location of PARKFIELDS, 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 PARKFIELDS). 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 PARKFIELDS?

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