FAIRVIEW HOUSE, ELMGROVE ROAD WEST, HARDWICKE, GLOUCESTER, GL2 4PU - £435,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRVIEW HOUSE is a very large extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £578,492. It was last sold for £435,000 in March 2017, which was around 7% above the average March 2017 detached price in the Stroud local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

FAIRVIEW HOUSE Sold Prices

Land registry data shows four sales for FAIRVIEW HOUSE 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 FAIRVIEW HOUSE 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 1 MAR	£435,000	£406,045	7% above HPI
2004 10 SEP	£299,950	£297,891	1% above HPI
2003 24 OCT	£281,000	£264,622	6% above HPI
1995 16 NOV	£83,000	£96,376	14% below HPI

FAIRVIEW HOUSE 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 FAIRVIEW HOUSE sales between November 1995 and March 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 September 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might FAIRVIEW HOUSE be worth now?

FAIRVIEW HOUSE might now be worth an estimated £578,492.

This is based on house price inflation of 33%, between March 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 33% inflationary increase is applied to the most recent sale price for FAIRVIEW HOUSE of £435,000 on 1st March 2017. For the value to have increased from £435,000 to £578,492 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW HOUSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The March 2017 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW HOUSE has not materially changed since March 2017.

How Large is FAIRVIEW HOUSE?

FAIRVIEW HOUSE is 148m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses houses in Hardwicke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hardwicke, and where FAIRVIEW HOUSE lies on this distribution: 81% of detached houses houses are smaller than FAIRVIEW HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Hardwicke.

FAIRVIEW HOUSE: Plot and Title Map

FAIRVIEW HOUSE sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of FAIRVIEW HOUSE, 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 FAIRVIEW HOUSE). 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 FAIRVIEW HOUSE?

FAIRVIEW HOUSE is located on ELMGROVE ROAD WEST in HARDWICKE, in the GL2 postcode district. The below map shows the position of FAIRVIEW HOUSE on ELMGROVE ROAD WEST.