27, LANTERN CLOSE, BERKELEY, GL13 9DE - £345,000

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

27 LANTERN CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £345,000 in February 2022, which was around 29% below the average February 2022 detached price in the Stroud local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

27 LANTERN CLOSE Sold Prices

Land registry data shows four sales for 27 LANTERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the four 27 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
2022 2 FEB	£345,000	£486,194	29% below HPI
2007 7 AUG	£249,000	£328,832	24% below HPI
2003 4 APR	£173,000	£247,825	30% below HPI
1997 18 JUL	£84,995	£108,614	22% below HPI

27 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 four 27 LANTERN CLOSE sales between July 1997 and February 2022 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 27 LANTERN CLOSE?

27 LANTERN CLOSE is 81m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Berkeley, based on EPC data. The below chart shows the distribution of detached houses by size in Berkeley, and where 27 LANTERN CLOSE lies on this distribution: 14% of detached houses are smaller than 27 LANTERN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Berkeley.

27 LANTERN CLOSE: Plot and Title Map

27 LANTERN CLOSE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 27 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 27 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 27 LANTERN CLOSE?

27 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district. The below map shows the position of No. 27 on LANTERN CLOSE.