3, ORCHARD CLOSE, HARDWICKE, GLOUCESTER, GL2 4SZ - £220,000

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

3 ORCHARD CLOSE is a very small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £220,000 in August 2015, which was around 39% below the average August 2015 detached price in the Stroud local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

3 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 3 ORCHARD 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. Both of the two 3 ORCHARD 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 21 AUG	£220,000	£361,548	39% below HPI
2001 16 NOV	£122,000	£196,892	38% below HPI

3 ORCHARD 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 3 ORCHARD CLOSE sales from November 2001 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 November 2001 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 falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Hardwicke, based on EPC data. The below chart shows the distribution of detached houses by size in Hardwicke, and where 3 ORCHARD CLOSE lies on this distribution: 9% of detached houses are smaller than 3 ORCHARD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Hardwicke.

3 ORCHARD CLOSE: Plot and Title Map

3 ORCHARD CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 3 ORCHARD 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 3 ORCHARD 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 3 ORCHARD CLOSE?

3 ORCHARD CLOSE is located in HARDWICKE, in the GL2 postcode district. The below map shows the position of No. 3 on ORCHARD CLOSE.