BRIGHTSIDE, NEWMARKET, NAILSWORTH, STROUD, GL6 0RJ - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRIGHTSIDE is a small extended detached house of 118m², built sometime before 1900. It was last sold for £525,000 in January 2017, which was around 35% above the average January 2017 detached price in the Stroud local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

BRIGHTSIDE Sold Prices

Land registry data shows four sales for BRIGHTSIDE 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. Most of the four BRIGHTSIDE 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
2017 31 JAN	£525,000	£387,718	35% above HPI
2015 24 APR	£440,000	£347,166	27% above HPI
2005 1 SEP	£319,000	£294,158	8% above HPI
2001 31 JAN	£145,000	£159,402	9% below HPI

BRIGHTSIDE 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 BRIGHTSIDE sales between January 2001 and January 2017 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 April 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2017 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is BRIGHTSIDE?

BRIGHTSIDE is 118m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsworth, and where BRIGHTSIDE lies on this distribution: 39% of detached houses are smaller than BRIGHTSIDE, and 60% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

BRIGHTSIDE: Plot and Title Map

BRIGHTSIDE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of BRIGHTSIDE, 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 BRIGHTSIDE). 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 BRIGHTSIDE?

BRIGHTSIDE is located on NEWMARKET in NAILSWORTH, in the GL6 postcode district. The below map shows the position of BRIGHTSIDE on NEWMARKET.