GROVE LODGE, WATLEDGE, NAILSWORTH, STROUD, GL6 0AP - £870,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

GROVE LODGE is a large extended detached house of 168m², built sometime before 1900. It was last sold for £870,000 in February 2024, which was around 64% above the average February 2024 detached price in the Stroud local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

GROVE LODGE Sold Prices

Land registry data shows three sales for GROVE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three GROVE LODGE 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
2024 15 FEB	£870,000	£529,802	64% above HPI
2020 31 MAR	£710,000	£440,789	61% above HPI
2014 17 APR	£550,000	£328,130	68% above HPI

GROVE LODGE 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 three GROVE LODGE sales between April 2014 and February 2024 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 March 2020 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2024 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is GROVE LODGE?

GROVE LODGE is 168m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsworth, and where GROVE LODGE lies on this distribution: 75% of detached houses are smaller than GROVE LODGE, and 25% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

GROVE LODGE: Plot and Title Map

GROVE LODGE sits on a plot of roughly 0.267 of an acre, or 1,082m². The below map shows the location of GROVE LODGE, 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 GROVE LODGE). 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 GROVE LODGE?

GROVE LODGE is located on WATLEDGE in NAILSWORTH, in the GL6 postcode district. The below map shows the position of GROVE LODGE on WATLEDGE.