TRADEWINDS, LANSDOWN WALK, BREAM, LYDNEY, GL15 6NE - £342,500

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.

TRADEWINDS is a very large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £494,588. It was last sold for £342,500 in August 2016, which was around 25% above the average August 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was D.

TRADEWINDS Sold Prices

Land registry data shows two sales for TRADEWINDS 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 TRADEWINDS 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
2016 15 AUG	£342,500	£273,076	25% above HPI
1997 6 JAN	£107,500	£79,260	36% above HPI

TRADEWINDS 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 TRADEWINDS sales from January 1997 and August 2016 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 January 1997 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might TRADEWINDS be worth now?

TRADEWINDS might now be worth an estimated £494,588.

This is based on house price inflation of 44.4%, between August 2016 and May 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 44.4% inflationary increase is applied to the most recent sale price for TRADEWINDS of £342,500 on 15th August 2016. For the value to have increased from £342,500 to £494,588 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of TRADEWINDS has moved in line with the HPI for detached houses in the Forest of Dean local authority area.
• The August 2016 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of TRADEWINDS has not materially changed since August 2016.

How Large is TRADEWINDS?

TRADEWINDS is 150m² according to the EPC inspection conducted in January 2016. This puts it in the largest 20% of detached houses in Bream, based on EPC data. The below chart shows the distribution of detached houses by size in Bream, and where TRADEWINDS lies on this distribution: 82% of detached houses are smaller than TRADEWINDS, and 17% of detached houses are larger. Note that EPC data is not available for all properties in Bream.