FAIRWAYS, WESTRIP LANE, STROUD, GL5 4RT - £114,000

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.

FAIRWAYS is a very small extended semi-detached house of 44m², built sometime before 1900, which could now be worth an estimated £190,708. It was last sold for £114,000 in February 2008, which was around 42% below the average February 2008 semi-detached price in the Stroud local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows two sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. Both of the two FAIRWAYS sales were for below 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
2008 29 FEB	£114,000	£197,456	42% below HPI
1998 9 OCT	£46,000	£72,270	36% below HPI

FAIRWAYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stroud local authority area over time, sourced from the HPI. The two FAIRWAYS sales from October 1998 and February 2008 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2008 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might FAIRWAYS be worth now?

FAIRWAYS might now be worth an estimated £190,708.

This is based on house price inflation of 67.3%, between February 2008 and February 2025, for semi-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 67.3% inflationary increase is applied to the most recent sale price for FAIRWAYS of £114,000 on 29th February 2008. For the value to have increased from £114,000 to £190,708 over the seventeen years to February 2025, the following assumptions must hold true:

• The value of FAIRWAYS has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The February 2008 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRWAYS has not materially changed since February 2008.

How Large is FAIRWAYS?

FAIRWAYS is 44m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of semi-detached houses houses in Stroud, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stroud, and where FAIRWAYS lies on this distribution: Less than 1% of semi-detached houses houses are smaller than FAIRWAYS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stroud.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.014 of an acre, or 55m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on WESTRIP LANE in STROUD, in the GL5 postcode district. The below map shows the position of FAIRWAYS on WESTRIP LANE.