MAVENNY, ELMGROVE ROAD EAST, HARDWICKE, GLOUCESTER, GL2 4PY - £260,000

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.

MAVENNY is a very small semi-detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £320,535. It was last sold for £260,000 in July 2019, which was around 3% below the average July 2019 semi-detached price in the Stroud local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

MAVENNY Sold Prices

Land registry data shows two sales for MAVENNY 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. One of the two MAVENNY sales was for below the average price, whilst the other was 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
2019 12 JUL	£260,000	£267,937	3% below HPI
2018 23 MAY	£280,000	£249,716	12% above HPI

MAVENNY 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 MAVENNY sales from May 2018 and July 2019 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 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2019 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might MAVENNY be worth now?

MAVENNY might now be worth an estimated £320,535.

This is based on house price inflation of 23.3%, between July 2019 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 23.3% inflationary increase is applied to the most recent sale price for MAVENNY of £260,000 on 12th July 2019. For the value to have increased from £260,000 to £320,535 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of MAVENNY has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The July 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of MAVENNY has not materially changed since July 2019.

How Large is MAVENNY?

MAVENNY is 85m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of semi-detached houses houses in Hardwicke, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hardwicke, and where MAVENNY lies on this distribution: 8% of semi-detached houses houses are smaller than MAVENNY, and 92% of houses are larger. Note that EPC data is not available for all properties in Hardwicke.

MAVENNY: Plot and Title Map

MAVENNY sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of MAVENNY, 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 MAVENNY). 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 MAVENNY?

MAVENNY is located on ELMGROVE ROAD EAST in HARDWICKE, in the GL2 postcode district. The below map shows the position of MAVENNY on ELMGROVE ROAD EAST.