THE BANKS, EASTCOMBE, STROUD, GL6 7DN - £740,000

THE BANKS is a very large detached house of 186m², built in 2021. It was last sold for £740,000 in February 2022, which was around 52% above the average February 2022 detached price in the Stroud local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was B.

THE BANKS Sold Prices

Land registry data shows four sales for THE BANKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Most of the four THE BANKS 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
2022 25 FEB	£740,000	£485,792	52% above HPI
2015 19 JAN	£175,000	£335,205	48% below HPI
2007 20 SEP	£375,000	£338,086	11% above HPI
2007 3 AUG	£375,000	£328,832	14% above HPI

THE BANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The four THE BANKS sales between August 2007 and February 2022 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 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2022 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE BANKS?

THE BANKS is 186m² according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses in Eastcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Eastcombe, and where THE BANKS lies on this distribution: 96% of detached houses are smaller than THE BANKS, and 4% of houses are larger. Note that EPC data is not available for all properties in Eastcombe.

THE BANKS: Plot and Title Map

THE BANKS sits on a plot of roughly 0.368 of an acre, or 1,489m². The below map shows the location of THE BANKS, 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 BANKS). 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 BANKS?

THE BANKS is located in EASTCOMBE, in the GL6 postcode district. The below map shows the position of THE BANKS in EASTCOMBE.