THE ORCHARDS, OAKWOOD ROAD, BREAM, LYDNEY, GL15 6HS - £215,000

THE ORCHARDS is a midsized extended detached house of 115m², built sometime before 1900. It was last sold for £215,000 in October 2012, which was around 3% below the average October 2012 detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was B.

THE ORCHARDS Sold Prices

Land registry data shows three sales for THE ORCHARDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Two of the three THE ORCHARDS sales were for below the average price, whilst one was 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
2012 26 OCT	£215,000	£221,341	3% below HPI
2008 26 FEB	£250,000	£247,763	1% above HPI
2006 9 FEB	£215,000	£228,657	6% below HPI

THE ORCHARDS 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 three THE ORCHARDS sales between February 2006 and October 2012 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2012 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE ORCHARDS?

THE ORCHARDS is 115m², which includes three extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where THE ORCHARDS lies on this distribution: 54% of detached houses are smaller than THE ORCHARDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Bream.

THE ORCHARDS: Plot and Title Map

THE ORCHARDS sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of THE ORCHARDS, 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 THE ORCHARDS). 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 THE ORCHARDS?

THE ORCHARDS is located on OAKWOOD ROAD in BREAM, in the GL15 postcode district. The below map shows the position of THE ORCHARDS on OAKWOOD ROAD.