3, PENROSE CLOSE, RANDWICK, STROUD, GL6 6JX - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 PENROSE CLOSE is a large detached house of 160m², built sometime between 1967 and 1975, which could now be worth an estimated £671,292. It was last sold for £435,000 in December 2014, which was around 24% above the average December 2014 detached price in the Stroud local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was A.

3 PENROSE CLOSE Sold Prices

Land registry data shows two sales for 3 PENROSE 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 PENROSE CLOSE sales were 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
2014 4 DEC	£435,000	£349,913	24% above HPI
2014 28 FEB	£375,000	£334,923	12% above HPI

3 PENROSE 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 PENROSE CLOSE sales from February 2014 and December 2014 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 February 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 PENROSE CLOSE be worth now?

3 PENROSE CLOSE might now be worth an estimated £671,292.

This is based on house price inflation of 54.3%, between December 2014 and February 2025, for detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.3% inflationary increase is applied to the most recent sale price for 3 PENROSE CLOSE of £435,000 on 4th December 2014. For the value to have increased from £435,000 to £671,292 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 PENROSE CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The December 2014 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENROSE CLOSE has not materially changed since December 2014.

How Large is 3 PENROSE CLOSE?

3 PENROSE CLOSE is 160m² according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses houses in Randwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Randwick, and where 3 PENROSE CLOSE lies on this distribution: 79% of detached houses houses are smaller than 3 PENROSE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Randwick.

3 PENROSE CLOSE: Plot and Title Map

3 PENROSE CLOSE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 3 PENROSE 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 PENROSE 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 PENROSE CLOSE?

3 PENROSE CLOSE is located in RANDWICK, in the GL6 postcode district. The below map shows the position of No. 3 on PENROSE CLOSE.