2, PADIN CLOSE, CHALFORD, STROUD, GL6 8FB - £465,000

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.

2 PADIN CLOSE is a large extended detached house of 135m², built sometime between 1991 and 1995, which could now be worth an estimated £544,832. It was last sold for £465,000 in June 2021, which was around 1% above the average June 2021 detached price in the Stroud local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

2 PADIN CLOSE Sold Prices

Land registry data shows three sales for 2 PADIN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three 2 PADIN 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
2021 28 JUN	£465,000	£460,864	1% above HPI
1997 18 JUN	£127,000	£109,994	15% above HPI
1996 31 JAN	£114,950	£97,212	18% above HPI

2 PADIN 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 three 2 PADIN CLOSE sales between January 1996 and June 2021 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 June 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 PADIN CLOSE be worth now?

2 PADIN CLOSE might now be worth an estimated £544,832.

This is based on house price inflation of 17.2%, between June 2021 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 17.2% inflationary increase is applied to the most recent sale price for 2 PADIN CLOSE of £465,000 on 28th June 2021. For the value to have increased from £465,000 to £544,832 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 2 PADIN CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The June 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PADIN CLOSE has not materially changed since June 2021.

How Large is 2 PADIN CLOSE?

2 PADIN CLOSE is 135m², which includes four extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses houses in Chalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chalford, and where 2 PADIN CLOSE lies on this distribution: 70% of detached houses houses are smaller than 2 PADIN CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Chalford.

2 PADIN CLOSE: Plot and Title Map

2 PADIN CLOSE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 2 PADIN 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 2 PADIN 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 2 PADIN CLOSE?

2 PADIN CLOSE is located in CHALFORD, in the GL6 postcode district. The below map shows the position of No. 2 on PADIN CLOSE.