CHOICELANDS, THE RIDGE, BUSSAGE, STROUD, GL6 8HD - £300,000

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.

CHOICELANDS is a small detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £374,158. It was last sold for £300,000 in November 2017, which was around 31% below the average November 2017 detached price in the Stroud local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

CHOICELANDS Sold Prices

Land registry data shows four sales for CHOICELANDS 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. Two of the four CHOICELANDS 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
2017 29 NOV	£300,000	£432,961	31% below HPI
2012 31 JAN	£265,000	£317,080	16% below HPI
2003 11 DEC	£275,000	£274,328	Close to HPI
1998 15 MAY	£138,000	£120,616	14% above HPI

CHOICELANDS 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 CHOICELANDS sales between May 1998 and November 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 January 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might CHOICELANDS be worth now?

CHOICELANDS might now be worth an estimated £374,158.

This is based on house price inflation of 24.7%, between November 2017 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 24.7% inflationary increase is applied to the most recent sale price for CHOICELANDS of £300,000 on 29th November 2017. For the value to have increased from £300,000 to £374,158 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of CHOICELANDS has moved in line with the HPI for detached houses in the Stroud local authority area.
• The November 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of CHOICELANDS has not materially changed since November 2017.

How Large is CHOICELANDS?

CHOICELANDS is 98m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses houses in Chalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chalford, and where CHOICELANDS lies on this distribution: 39% of detached houses houses are smaller than CHOICELANDS, and 61% of houses are larger. Note that EPC data is not available for all properties in Chalford.

CHOICELANDS: Plot and Title Map

CHOICELANDS sits on a plot of roughly 0.202 of an acre, or 818m². The below map shows the location of CHOICELANDS, 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 CHOICELANDS). 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 CHOICELANDS?

CHOICELANDS is located on THE RIDGE in BUSSAGE, in the GL6 postcode district. The below map shows the position of CHOICELANDS on THE RIDGE.