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

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

CHOICELANDS is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £300,000 in November 2017, which was around 28% 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, and four 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 29 NOV	£300,000	£418,403	28% below HPI
2012 31 JAN	£265,000	£306,418	14% below HPI
2003 11 DEC	£275,000	£265,105	4% above HPI
1998 15 MAY	£138,000	£116,560	18% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Chalford, based on EPC data. The below chart shows the distribution of detached houses by size in Chalford, and where CHOICELANDS lies on this distribution: 39% of detached 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.