8, SUMMERSFIELD CLOSE, MINCHINHAMPTON, STROUD, GL6 9LJ - £527,500

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.

8 SUMMERSFIELD CLOSE is a large extended detached house of 164m², built sometime between 1976 and 1982, which could now be worth an estimated £599,179. It was last sold for £527,500 in November 2020, which was around 11% above the average November 2020 detached price in the Stroud local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

8 SUMMERSFIELD CLOSE Sold Prices

Land registry data shows three sales for 8 SUMMERSFIELD CLOSE 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 8 SUMMERSFIELD 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
2020 5 NOV	£527,500	£475,388	11% above HPI
2010 25 AUG	£390,000	£321,392	21% above HPI
1999 27 AUG	£205,000	£135,964	51% above HPI

8 SUMMERSFIELD 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 three 8 SUMMERSFIELD CLOSE sales between August 1999 and November 2020 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 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 SUMMERSFIELD CLOSE be worth now?

8 SUMMERSFIELD CLOSE might now be worth an estimated £599,179.

This is based on house price inflation of 13.6%, between November 2020 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 13.6% inflationary increase is applied to the most recent sale price for 8 SUMMERSFIELD CLOSE of £527,500 on 5th November 2020. For the value to have increased from £527,500 to £599,179 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 SUMMERSFIELD CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The November 2020 sale price of £527,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SUMMERSFIELD CLOSE has not materially changed since November 2020.

How Large is 8 SUMMERSFIELD CLOSE?

8 SUMMERSFIELD CLOSE is 164m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Minchinhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minchinhampton, and where 8 SUMMERSFIELD CLOSE lies on this distribution: 75% of detached houses houses are smaller than 8 SUMMERSFIELD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Minchinhampton.

8 SUMMERSFIELD CLOSE: Plot and Title Map

8 SUMMERSFIELD CLOSE sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of 8 SUMMERSFIELD 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 8 SUMMERSFIELD 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 8 SUMMERSFIELD CLOSE?

8 SUMMERSFIELD CLOSE is located in MINCHINHAMPTON, in the GL6 postcode district. The below map shows the position of No. 8 on SUMMERSFIELD CLOSE.