RIPPLES, PASTORS HILL, BREAM, LYDNEY, GL15 6NA - £323,000

RIPPLES is a large detached house of 130m², built sometime from 2007 onwards. It was last sold for £323,000 in May 2015, which was around 30% above the average May 2015 detached price in the Forest of Dean local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

RIPPLES Sold Prices

Land registry data shows four sales for RIPPLES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. All of the four RIPPLES 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
2015 29 MAY	£323,000	£248,815	30% above HPI
2010 20 OCT	£305,000	£248,519	23% above HPI
2009 23 APR	£305,000	£207,965	47% above HPI
2008 20 AUG	£315,000	£254,254	24% above HPI

RIPPLES 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 four RIPPLES sales between August 2008 and May 2015 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 2010 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2015 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is RIPPLES?

RIPPLES is 130m² according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where RIPPLES lies on this distribution: 65% of detached houses are smaller than RIPPLES, and 35% of houses are larger. Note that EPC data is not available for all properties in Bream.

RIPPLES: Plot and Title Map

RIPPLES sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of RIPPLES, 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 RIPPLES). 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 RIPPLES?

RIPPLES is located on PASTORS HILL in BREAM, in the GL15 postcode district. The below map shows the position of RIPPLES on PASTORS HILL.