2, ORCHARD CLOSE, MITCHELDEAN, GL17 0JB - £133,000

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.

2 ORCHARD CLOSE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £200,457. It was last sold for £133,000 in November 2015, which was around 7% below the average November 2015 terraced price in the Forest of Dean local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

2 ORCHARD CLOSE Sold Prices

Land registry data shows one sale for 2 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Forest of Dean local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 27 NOV	£133,000	£143,042	7% below HPI

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £200,457.

This is based on house price inflation of 50.7%, between November 2015 and May 2026, for terraced 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 50.7% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £133,000 on 27th November 2015. For the value to have increased from £133,000 to £200,457 over the eleven years and six months to May 2026, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for terraced houses in the Forest of Dean local authority area.
• The November 2015 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since November 2015.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 69m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of terraced houses in Mitcheldean, based on EPC data. The below chart shows the distribution of terraced houses by size in Mitcheldean, and where 2 ORCHARD CLOSE lies on this distribution: 18% of terraced houses are smaller than 2 ORCHARD CLOSE, and 79% of terraced houses are larger. Note that EPC data is not available for all properties in Mitcheldean.

2 ORCHARD CLOSE: Plot

2 ORCHARD CLOSE sits on a plot of roughly 0.055 of an acre, or 221m².

Where is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is located in MITCHELDEAN, in the GL17 postcode district.