PATCHWAY, MAIN ROAD, PILLOWELL, LYDNEY, GL15 4QX - £157,500

PATCHWAY is a large extended detached house of 145m², built sometime before 1900. It was last sold for £157,500 in October 2010, which was around 37% below the average October 2010 detached price in the Forest of Dean local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

PATCHWAY Sold Prices

Land registry data shows two sales for PATCHWAY 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 PATCHWAY 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
2010 29 OCT	£157,500	£248,519	37% below HPI
2003 28 NOV	£189,950	£191,563	1% below HPI

PATCHWAY 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 PATCHWAY sales from November 2003 and October 2010 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 November 2003 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2010 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is PATCHWAY?

PATCHWAY is 145m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Yorkley, based on EPC data. The below chart shows the distribution of detached houses by size in Yorkley, and where PATCHWAY lies on this distribution: 71% of detached houses are smaller than PATCHWAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Yorkley.

PATCHWAY: Plot and Title Map

PATCHWAY sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of PATCHWAY, 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 PATCHWAY). 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 PATCHWAY?

PATCHWAY is located on MAIN ROAD in PILLOWELL, in the GL15 postcode district. The below map shows the position of PATCHWAY on MAIN ROAD.