42, MELBOURNE CLOSE, STONEHOUSE, GL10 2PY - £140,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 MELBOURNE CLOSE is a very small semi-detached house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £213,338. It was last sold for £140,000 in May 2015, which was around 35% below the average May 2015 semi-detached price in the Stroud local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

42 MELBOURNE CLOSE Sold Prices

Land registry data shows four sales for 42 MELBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. All of the four 42 MELBOURNE 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 8 MAY	£140,000	£216,768	35% below HPI
2005 5 AUG	£130,000	£182,840	29% below HPI
2002 15 MAR	£80,000	£112,994	29% below HPI
1998 11 JUN	£51,000	£68,765	26% below HPI

42 MELBOURNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stroud local authority area over time, sourced from the HPI. The four 42 MELBOURNE CLOSE sales between June 1998 and May 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 August 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2015 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 42 MELBOURNE CLOSE be worth now?

42 MELBOURNE CLOSE might now be worth an estimated £213,338.

This is based on house price inflation of 52.4%, between May 2015 and February 2025, for semi-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 52.4% inflationary increase is applied to the most recent sale price for 42 MELBOURNE CLOSE of £140,000 on 8th May 2015. For the value to have increased from £140,000 to £213,338 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 42 MELBOURNE CLOSE has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The May 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 42 MELBOURNE CLOSE has not materially changed since May 2015.

How Large is 42 MELBOURNE CLOSE?

42 MELBOURNE CLOSE is 53m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Stonehouse, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stonehouse, and where 42 MELBOURNE CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 42 MELBOURNE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

42 MELBOURNE CLOSE: Plot and Title Map

42 MELBOURNE CLOSE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 42 MELBOURNE 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 42 MELBOURNE 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 42 MELBOURNE CLOSE?

42 MELBOURNE CLOSE is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 42 on MELBOURNE CLOSE.