THE SPOKES, WHITEHILL LANE, DRYBROOK, GL17 9AD - £128,000

THE SPOKES is a very small detached house of 48m², built sometime before 1900. It was last sold for £128,000 in October 2021, which was around 64% below the average October 2021 detached price in the Forest of Dean local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

THE SPOKES Sold Prices

Land registry data shows two sales for THE SPOKES 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 SPOKES 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
2021 11 OCT	£128,000	£359,977	64% below HPI
2016 15 APR	£102,000	£260,602	61% below HPI

THE SPOKES 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 SPOKES sales from April 2016 and October 2021 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 April 2016 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the October 2021 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is THE SPOKES?

THE SPOKES is 48m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses in Drybrook, based on EPC data. The below chart shows the distribution of detached houses by size in Drybrook, and where THE SPOKES lies on this distribution: Less than 1% of detached houses are smaller than THE SPOKES, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Drybrook.

THE SPOKES: Plot and Title Map

THE SPOKES sits on a plot of roughly 0.008 of an acre, or 33m². The below map shows the location of THE SPOKES, 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 SPOKES). 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 SPOKES?

THE SPOKES is located on WHITEHILL LANE in DRYBROOK, in the GL17 postcode district. The below map shows the position of THE SPOKES on WHITEHILL LANE.