THE REDDINGS, THE COMMON, WOOLASTON, LYDNEY, GL15 6NT - £600,000

THE REDDINGS is a very large detached house of 182m², built sometime between 2003 and 2006. It was last sold for £600,000 in September 2018, which was around 88% above the average September 2018 detached price in the Forest of Dean local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was A.

THE REDDINGS Sold Prices

Land registry data shows two sales for THE REDDINGS 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 THE REDDINGS 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
2018 18 SEP	£600,000	£319,695	88% above HPI
2009 21 MAY	£220,000	£209,581	5% above HPI

THE REDDINGS 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 THE REDDINGS sales from May 2009 and September 2018 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 May 2009 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2018 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is THE REDDINGS?

THE REDDINGS is 182m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Woolaston, based on EPC data. The below chart shows the distribution of detached houses by size in Woolaston, and where THE REDDINGS lies on this distribution: 84% of detached houses are smaller than THE REDDINGS, and 16% of houses are larger. Note that EPC data is not available for all properties in Woolaston.

THE REDDINGS: Plot and Title Map

THE REDDINGS sits on a plot of roughly 0.743 of an acre, or 3,008m². The below map shows the location of THE REDDINGS, 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 REDDINGS). 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 REDDINGS?

THE REDDINGS is located on THE COMMON in WOOLASTON, in the GL15 postcode district. The below map shows the position of THE REDDINGS on THE COMMON.