LA PALOMA, SCHOOL LANE, WHITMINSTER, GLOUCESTER, GL2 7NT - £330,000

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.

LA PALOMA is a small extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £404,907. It was last sold for £330,000 in August 2018, which was around 25% below the average August 2018 detached price in the Stroud local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

LA PALOMA Sold Prices

Land registry data shows two sales for LA PALOMA 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 LA PALOMA 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
2018 24 AUG	£330,000	£440,090	25% below HPI
2004 24 MAY	£189,000	£274,144	31% below HPI

LA PALOMA 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 LA PALOMA sales from May 2004 and August 2018 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 May 2004 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might LA PALOMA be worth now?

LA PALOMA might now be worth an estimated £404,907.

This is based on house price inflation of 22.7%, between August 2018 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 22.7% inflationary increase is applied to the most recent sale price for LA PALOMA of £330,000 on 24th August 2018. For the value to have increased from £330,000 to £404,907 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of LA PALOMA has moved in line with the HPI for detached houses in the Stroud local authority area.
• The August 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of LA PALOMA has not materially changed since August 2018.

How Large is LA PALOMA?

LA PALOMA is 106m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses houses in Whitminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitminster, and where LA PALOMA lies on this distribution: 26% of detached houses houses are smaller than LA PALOMA, and 73% of houses are larger. Note that EPC data is not available for all properties in Whitminster.

LA PALOMA: Plot and Title Map

LA PALOMA sits on a plot of roughly 0.171 of an acre, or 694m². The below map shows the location of LA PALOMA, 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 LA PALOMA). 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 LA PALOMA?

LA PALOMA is located on SCHOOL LANE in WHITMINSTER, in the GL2 postcode district. The below map shows the position of LA PALOMA on SCHOOL LANE.