45, THE CLOSE, COALEY, DURSLEY, GL11 5EP - £390,000

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.

45 THE CLOSE is a small extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £462,048. It was last sold for £390,000 in May 2021, which was around 14% below the average May 2021 detached price in the Stroud local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was B.

45 THE CLOSE Sold Prices

Land registry data shows two sales for 45 THE 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. One of the two 45 THE CLOSE sales was for below the average price, whilst the other was 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
2021 27 MAY	£390,000	£455,785	14% below HPI
1996 10 MAY	£105,000	£100,143	5% above HPI

45 THE 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 45 THE CLOSE sales from May 1996 and May 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 May 1996 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 45 THE CLOSE be worth now?

45 THE CLOSE might now be worth an estimated £462,048.

This is based on house price inflation of 18.5%, between May 2021 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 18.5% inflationary increase is applied to the most recent sale price for 45 THE CLOSE of £390,000 on 27th May 2021. For the value to have increased from £390,000 to £462,048 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 45 THE CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The May 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 45 THE CLOSE has not materially changed since May 2021.

How Large is 45 THE CLOSE?

45 THE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Coaley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coaley, and where 45 THE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 45 THE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Coaley.

45 THE CLOSE: Plot and Title Map

45 THE CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 45 THE 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 THE 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 THE CLOSE?

45 THE CLOSE is located in COALEY, in the GL11 postcode district. The below map shows the position of No. 45 on THE CLOSE.