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Lydney House Prices Lydney House Prices

The average house price in Lydney is £347,250 using HM Land Registry data.

The average property price increased by £64,910 (29.26%) over the last 5 years and increased by £12,973 (4.74%) over the last 12 months.

Over the last year, there were 102 residential property sales – a decrease of 136 transactions (-133.33%) relative to the previous year. The majority of house sales (31) were in the £240,000 - £280,000 range. Then came properties in the £200,000 - £240,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,400 (-3%).

In April 2024, there were 38 new estate agency instructions, 20 agreed home sales and 22 property price reductions.

Postcodes Covered: GL15

5-Year Average Property Prices in Lydney

29.26%

Property prices in Lydney increased by 29.26% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Lydney Over the Last Year

4.74%

Property prices in Lydney increased by 4.74% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Lydney - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Lydney

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Lydney

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Lydney

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Lydney since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Lydney area since 1995.

Recent Property Sales in Lydney

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Greenways, Lydney, Gloucestershire, GL15 5HY£269,950£249,500-£20,45025 Feb 202301 Mar 2024370 Days
10 Claudius Way, Lydney, Gloucestershire, GL15 5NN£375,000£365,000-£10,00031 Aug 202329 Feb 2024182 Days
38 Woodland Rise, Lydney, Gloucestershire, GL15 5LJ£245,000£240,000-£5,00030 Dec 202327 Feb 202459 Days
71 Templeway West, Lydney, Gloucestershire, GL15 5JD£349,999£335,000-£14,99910 Nov 202320 Feb 2024102 Days
15 Livia Way, Lydney, Gloucestershire, GL15 5NU£195,000£192,500-£2,50016 Aug 202319 Jan 2024156 Days
24 Allaston Road, Lydney, Gloucestershire, GL15 5ST£405,000£400,000-£5,00006 Jun 202319 Jan 2024227 Days
61 Primrose Hill, Lydney, Gloucestershire, GL15 5SF£435,000£415,000-£20,00016 Sep 202315 Dec 202390 Days
2 Vicarage Close, Lydney, Gloucestershire, GL15 5TN£435,000£430,000-£5,00012 Aug 202305 Dec 2023115 Days
63 Lych Gate Mews, Lydney, Gloucestershire, GL15 5TJ£220,000£219,000-£1,00001 Sep 202304 Dec 202394 Days
22 Oxford Street, Lydney, Gloucestershire, GL15 5DJ£259,950£253,000-£6,95023 Jun 202319 Oct 2023118 Days
1 Octavia Place, Lydney, Gloucestershire, GL15 5NX£257,000£252,000-£5,00024 Jun 202319 Oct 2023117 Days
60 Lakeside Avenue, Lydney, Gloucestershire, GL15 5QA£250,000£240,000-£10,00009 Jun 202313 Oct 2023126 Days
41 Primrose Way, Lydney, Gloucestershire, GL15 5SQ£335,000£330,000-£5,00023 Apr 202304 Oct 2023164 Days
15 Kimberley Drive, Lydney, Gloucestershire, GL15 5AD£319,950£310,000-£9,95023 Mar 202329 Sep 2023190 Days
10 Raglan Gardens, Lydney, Gloucestershire, GL15 5GZ£275,000£264,000-£11,00013 Feb 202329 Sep 2023228 Days
60 Primrose Hill, Lydney, Gloucestershire, GL15 5SE£300,000£297,500-£2,50023 Mar 202329 Sep 2023190 Days
1 Beaumont Place, Lydney, Gloucestershire, GL15 5DH£230,000£220,000-£10,00010 Jun 202322 Sep 2023104 Days
68 Lancaster Drive, Lydney, Gloucestershire, GL15 5SL£259,950£259,950£0027 May 202314 Sep 2023110 Days
62 Templeway West, Lydney, Gloucestershire, GL15 5JD£360,000£360,000£0014 Apr 202314 Sep 2023153 Days
4 Beaufort Drive, Lydney, Gloucestershire, GL15 5QR£280,000£276,000-£4,00014 Apr 202314 Sep 2023153 Days

Most Expensive Streets in Lydney

PostcodeStreetAreaAverageNo. of Sales
GL15 5JHBream RoadLydney£550,0004
GL15 5TNVicarage CloseLydney£470,0003
GL15 5JEGrove RoadLydney£467,4998
GL15 4LJDriffield RoadLydney£462,7504
GL15 5SSThe CroftLydney£442,5008
GL15 5TUPomeroy CloseLydney£391,7476
GL15 5SPPrimrose HillLydney£378,3333
GL15 5GZRaglan GardensLydney£363,0003
GL15 5FNGordon Sargent CloseLydney£356,93216
GL15 5FEArchers Hall PlaceLydney£344,6228

Least Expensive Streets in Lydney

PostcodeStreetAreaAverageNo. of Sales
GL15 5EPHopes CloseLydney£85,6663
GL15 5PEHams RoadLydney£103,6663
GL15 5JUKings Meadow CourtLydney£123,27222
GL15 5LDForest RoadLydney£137,6663
GL15 5ESCookson TerraceLydney£146,3655
GL15 5EYDarters CloseLydney£154,1005
GL15 5LYQueen StreetLydney£162,6503
GL15 5GGOverstreet GreenLydney£167,07317
GL15 5QFMount PleasantLydney£171,4287
GL15 5LBForest RoadLydney£173,3333

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