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
25 LANTERN CLOSE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £227,000 in August 2015, which was around 37% below the average August 2015 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.
Land registry data shows six sales for 25 LANTERN CLOSE since 1st 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 25 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 |
---|---|---|---|
2015 5 AUG | £227,000 | £361,548 | 37% below HPI |
2012 25 JUL | £190,000 | £308,499 | 38% below HPI |
2006 15 DEC | £217,000 | £312,908 | 31% below HPI |
2002 21 JUN | £144,000 | £208,916 | 31% below HPI |
2000 17 AUG | £124,000 | £164,014 | 24% below HPI |
1997 25 JUL | £77,995 | £108,614 | 28% below HPI |
The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The six 25 LANTERN CLOSE sales between July 1997 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 July 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.
25 LANTERN CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Berkeley, based on EPC data. The below chart shows the distribution of detached houses by size in Berkeley, and where 25 LANTERN CLOSE lies on this distribution: 38% of detached houses are smaller than 25 LANTERN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Berkeley.
25 LANTERN CLOSE sits on a plot of roughly 0.052 of an acre, or 208m². The below map shows the location of 25 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 25 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.
25 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district. The below map shows the position of No. 25 on LANTERN CLOSE.