45, LANTERN CLOSE, BERKELEY, GL13 9DE - £300,000

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

45 LANTERN CLOSE is a very small extended detached house of 81m², built sometime between 1991 and 1995. It was last sold for £300,000 in April 2021, which was around 32% below the average April 2021 detached price in the Stroud local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

45 LANTERN CLOSE Sold Prices

Land registry data shows four sales for 45 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 45 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
2021 14 APR	£300,000	£440,696	32% below HPI
2017 28 FEB	£312,000	£393,581	21% below HPI
2001 30 NOV	£133,950	£196,892	32% below HPI
1996 30 APR	£79,500	£93,138	15% below HPI

45 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 45 LANTERN CLOSE sales between April 1996 and April 2021 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 45 LANTERN CLOSE?

45 LANTERN CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in October 2016. 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 45 LANTERN CLOSE lies on this distribution: 14% of detached houses are smaller than 45 LANTERN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Berkeley.

45 LANTERN CLOSE: Plot and Title Map

45 LANTERN CLOSE sits on a plot of roughly 0.051 of an acre, or 204m². The below map shows the location of 45 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 45 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 45 LANTERN CLOSE?

45 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district. The below map shows the position of No. 45 on LANTERN CLOSE.