23, SOMERSET CLOSE, KINGSWOOD, WOTTON-UNDER-EDGE, GL12 8RQ - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 SOMERSET CLOSE is a midsized extended detached house of 126m², built sometime between 2003 and 2006. It was last sold for £275,000 in July 2013, which was around 10% below the average July 2013 detached price in the Stroud local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

23 SOMERSET CLOSE Sold Prices

Land registry data shows two sales for 23 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. One of the two 23 SOMERSET CLOSE sales was for below the average price, whilst the other was 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
2013 31 JUL	£275,000	£307,180	10% below HPI
2004 27 AUG	£290,000	£278,649	4% above HPI

23 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 23 SOMERSET CLOSE sales from August 2004 and July 2013 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 August 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 23 SOMERSET CLOSE?

23 SOMERSET CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where 23 SOMERSET CLOSE lies on this distribution: 41% of detached houses are smaller than 23 SOMERSET CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

23 SOMERSET CLOSE: Plot and Title Map

23 SOMERSET CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 23 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 23 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 23 SOMERSET CLOSE?

23 SOMERSET CLOSE is located in KINGSWOOD, in the GL12 postcode district. The below map shows the position of No. 23 on SOMERSET CLOSE.