CRESS SPRING COTTAGE, FAR WESTRIP, STROUD, GL6 6HE - £550,000

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

CRESS SPRING COTTAGE is a large extended detached house of 127m², built sometime before 1900. It was last sold for £550,000 in October 2015, which was around 51% above the average October 2015 detached price in the Stroud local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was A.

CRESS SPRING COTTAGE Sold Prices

Land registry data shows two sales for CRESS SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two CRESS SPRING COTTAGE 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
2015 28 OCT	£550,000	£365,257	51% above HPI
1998 16 OCT	£160,000	£123,961	29% above HPI

CRESS SPRING COTTAGE 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 two CRESS SPRING COTTAGE sales from October 1998 and October 2015 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 October 1998 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the October 2015 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is CRESS SPRING COTTAGE?

CRESS SPRING COTTAGE is 127m², which includes four extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where CRESS SPRING COTTAGE lies on this distribution: 65% of detached houses are smaller than CRESS SPRING COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Stroud.

CRESS SPRING COTTAGE: Plot and Title Map

CRESS SPRING COTTAGE sits on a plot of roughly 0.419 of an acre, or 1,696m². The below map shows the location of CRESS SPRING COTTAGE, 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 CRESS SPRING COTTAGE). 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 CRESS SPRING COTTAGE?

CRESS SPRING COTTAGE is located in FAR WESTRIP, in the GL6 postcode district. The below map shows the position of CRESS SPRING COTTAGE in FAR WESTRIP.