BRIGHT PATCH, PRINCE CRESCENT, STAUNTON, GLOUCESTER, GL19 3RF - £280,000

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

BRIGHT PATCH is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £280,000 in June 2019, which was around 11% below the average June 2019 detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

BRIGHT PATCH Sold Prices

Land registry data shows three sales for BRIGHT PATCH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Forest of Dean local authority area for the corresponding sale date. Two of the three BRIGHT PATCH sales were for below the average price, whilst one 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
2019 28 JUN	£280,000	£315,842	11% below HPI
2015 10 JUL	£220,000	£241,206	9% below HPI
1995 28 APR	£77,000	£69,861	10% above HPI

BRIGHT PATCH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three BRIGHT PATCH sales between April 1995 and June 2019 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 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2019 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BRIGHT PATCH?

BRIGHT PATCH is 66m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Corse, based on EPC data. The below chart shows the distribution of detached houses by size in Corse, and where BRIGHT PATCH lies on this distribution: 3% of detached houses are smaller than BRIGHT PATCH, and 97% of houses are larger. Note that EPC data is not available for all properties in Corse.

BRIGHT PATCH: Plot and Title Map

BRIGHT PATCH sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of BRIGHT PATCH, 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 BRIGHT PATCH). 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 BRIGHT PATCH?

BRIGHT PATCH is located on PRINCE CRESCENT in STAUNTON, in the GL19 postcode district. The below map shows the position of BRIGHT PATCH on PRINCE CRESCENT.