23, LANTERN CLOSE, BERKELEY, GL13 9DE - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 LANTERN CLOSE is a small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £275,000 in January 2021, which was around 39% below the average January 2021 detached price in the Stroud local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

23 LANTERN CLOSE Sold Prices

Land registry data shows six sales for 23 LANTERN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the six 23 LANTERN CLOSE sales were for below 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 20 JAN	£275,000	£451,638	39% below HPI
2017 24 NOV	£249,500	£418,403	40% below HPI
2006 7 JUL	£216,000	£302,712	29% below HPI
2002 25 OCT	£153,000	£229,598	33% below HPI
2001 27 JUL	£112,000	£175,483	36% below HPI
1997 18 JUL	£76,500	£108,614	30% below HPI

23 LANTERN 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 six 23 LANTERN CLOSE sales between July 1997 and January 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 November 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 23 LANTERN CLOSE?

23 LANTERN CLOSE is 85m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses in Berkeley, based on EPC data. The below chart shows the distribution of detached houses by size in Berkeley, and where 23 LANTERN CLOSE lies on this distribution: 28% of detached houses are smaller than 23 LANTERN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Berkeley.

23 LANTERN CLOSE: Plot and Title Map

23 LANTERN CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 23 LANTERN 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 23 LANTERN 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 23 LANTERN CLOSE?

23 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district. The below map shows the position of No. 23 on LANTERN CLOSE.