GRASSLANDS, RIDGE COMMON LANE, STROUD, PETERSFIELD, GU32 1AY - £1,700,000

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

GRASSLANDS is a very large extended detached house of 397m², built sometime between 1983 and 1990. It was last sold for £1,700,000 in August 2021, which was around 180% above the average August 2021 detached price in the East Hampshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was F, and the potential energy rating was C.

GRASSLANDS Sold Prices

Land registry data shows two sales for GRASSLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hampshire local authority area for the corresponding sale date. Both of the two GRASSLANDS 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
2021 26 AUG	£1,700,000	£607,005	180% above HPI
2004 17 DEC	£900,000	£328,937	174% above HPI

GRASSLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hampshire local authority area over time, sourced from the HPI. The two GRASSLANDS sales from December 2004 and August 2021 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 December 2004 sale was for 174% above the HPI. So the extrapolation line tracks at 174% above the HPI over time, until the August 2021 sale, where it rises to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is GRASSLANDS?

GRASSLANDS is 397m², which includes four extensions, according to the EPC inspection conducted in April 2021. This puts it in the largest 10% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where GRASSLANDS lies on this distribution: More than 99% of detached houses are smaller than GRASSLANDS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Stroud.

GRASSLANDS: Plot and Title Map

GRASSLANDS sits on a plot of roughly 1.1 acres, or 4,509m². The below map shows the location of GRASSLANDS, 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 GRASSLANDS). 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 GRASSLANDS?

GRASSLANDS is located on RIDGE COMMON LANE in STROUD, in the GU32 postcode district. The below map shows the position of GRASSLANDS on RIDGE COMMON LANE.