SANCERRE, ELLWOOD, COLEFORD, GL16 7LY - £290,000

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.

SANCERRE is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £369,527. It was last sold for £290,000 in May 2019, which was around 6% below the average May 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

SANCERRE Sold Prices

Land registry data shows two sales for SANCERRE 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 SANCERRE 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
2019 31 MAY	£290,000	£309,540	6% below HPI
2008 15 FEB	£220,000	£246,335	11% below HPI

SANCERRE 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 SANCERRE sales from February 2008 and May 2019 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 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might SANCERRE be worth now?

SANCERRE might now be worth an estimated £369,527.

This is based on house price inflation of 27.4%, between May 2019 and April 2026, 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 27.4% inflationary increase is applied to the most recent sale price for SANCERRE of £290,000 on 31st May 2019. For the value to have increased from £290,000 to £369,527 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of SANCERRE has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The May 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of SANCERRE has not materially changed since May 2019.

How Large is SANCERRE?

SANCERRE is 76m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Ellwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ellwood, and where SANCERRE lies on this distribution: 16% of detached houses houses are smaller than SANCERRE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ellwood.

SANCERRE: Plot and Title Map

SANCERRE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of SANCERRE, 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 SANCERRE). 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 SANCERRE?

SANCERRE is located in ELLWOOD, in the GL16 postcode district. The below map shows the position of SANCERRE in ELLWOOD.