18, SOMERSET CLOSE, KINGSWOOD, WOTTON-UNDER-EDGE, GL12 8RQ - £421,500

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.

18 SOMERSET CLOSE is a midsized detached house of 149m², built sometime between 1976 and 1982, which could now be worth an estimated £608,359. It was last sold for £421,500 in August 2015, which was around 13% above the average August 2015 detached price in the Stroud local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

18 SOMERSET CLOSE Sold Prices

Land registry data shows two sales for 18 SOMERSET CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 18 SOMERSET CLOSE 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
2015 11 AUG	£421,500	£374,128	13% above HPI
2007 5 JAN	£392,500	£318,793	23% above HPI

18 SOMERSET CLOSE 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 two 18 SOMERSET CLOSE sales from January 2007 and August 2015 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 2007 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2015 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 18 SOMERSET CLOSE be worth now?

18 SOMERSET CLOSE might now be worth an estimated £608,359.

This is based on house price inflation of 44.3%, between August 2015 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44.3% inflationary increase is applied to the most recent sale price for 18 SOMERSET CLOSE of £421,500 on 11th August 2015. For the value to have increased from £421,500 to £608,359 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 18 SOMERSET CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The August 2015 sale price of £421,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SOMERSET CLOSE has not materially changed since August 2015.

How Large is 18 SOMERSET CLOSE?

18 SOMERSET CLOSE is 149m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where 18 SOMERSET CLOSE lies on this distribution: 53% of detached houses houses are smaller than 18 SOMERSET CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

18 SOMERSET CLOSE: Plot and Title Map

18 SOMERSET CLOSE sits on a plot of roughly 0.209 of an acre, or 846m². The below map shows the location of 18 SOMERSET CLOSE, 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 18 SOMERSET CLOSE). 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 18 SOMERSET CLOSE?

18 SOMERSET CLOSE is located in KINGSWOOD, in the GL12 postcode district. The below map shows the position of No. 18 on SOMERSET CLOSE.