5, WESTRIP LANE, STROUD, GL5 4PL - £325,000

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

5 WESTRIP LANE is a large detached house of 142m², built sometime between 1967 and 1975. It was last sold for £325,000 in November 2016, which was around 17% below the average November 2016 detached price in the Stroud local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

5 WESTRIP LANE Sold Prices

Land registry data shows three sales for 5 WESTRIP LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three 5 WESTRIP LANE 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
2016 25 NOV	£325,000	£389,841	17% below HPI
1999 8 JUL	£107,700	£128,320	16% below HPI
1998 8 MAY	£85,500	£116,560	27% below HPI

5 WESTRIP LANE 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 three 5 WESTRIP LANE sales between May 1998 and November 2016 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 July 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 WESTRIP LANE?

5 WESTRIP LANE is 142m² according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where 5 WESTRIP LANE lies on this distribution: 76% of detached houses are smaller than 5 WESTRIP LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Stroud.

5 WESTRIP LANE: Plot and Title Map

5 WESTRIP LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 5 WESTRIP LANE, 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 5 WESTRIP LANE). 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 5 WESTRIP LANE?

5 WESTRIP LANE is located in STROUD, in the GL5 postcode district. The below map shows the position of No. 5 on WESTRIP LANE.