WHEAL COTTAGE, BOWSON SQUARE, BREAM, LYDNEY, GL15 6LB - £247,500

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.

WHEAL COTTAGE is a small extended semi-detached house of 90m², built sometime before 1900, which could now be worth an estimated £364,081. It was last sold for £247,500 in August 2016, which was around 42% above the average August 2016 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

WHEAL COTTAGE Sold Prices

Land registry data shows three sales for WHEAL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three WHEAL COTTAGE 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 23 AUG	£247,500	£174,843	42% above HPI
2007 3 AUG	£197,000	£171,298	15% above HPI
2002 9 DEC	£120,000	£95,087	26% above HPI

WHEAL COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three WHEAL COTTAGE sales between December 2002 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 August 2007 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2016 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might WHEAL COTTAGE be worth now?

WHEAL COTTAGE might now be worth an estimated £364,081.

This is based on house price inflation of 47.1%, between August 2016 and May 2026, for semi-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 47.1% inflationary increase is applied to the most recent sale price for WHEAL COTTAGE of £247,500 on 23rd August 2016. For the value to have increased from £247,500 to £364,081 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of WHEAL COTTAGE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The August 2016 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of WHEAL COTTAGE has not materially changed since August 2016.

How Large is WHEAL COTTAGE?

WHEAL COTTAGE is 90m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of semi-detached houses houses in Bream, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bream, and where WHEAL COTTAGE lies on this distribution: 31% of semi-detached houses houses are smaller than WHEAL COTTAGE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bream.

WHEAL COTTAGE: Plot and Title Map

WHEAL COTTAGE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of WHEAL COTTAGE, 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 WHEAL COTTAGE). 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 WHEAL COTTAGE?

WHEAL COTTAGE is located on BOWSON SQUARE in BREAM, in the GL15 postcode district. The below map shows the position of WHEAL COTTAGE on BOWSON SQUARE.