PROSPECT COTTAGE, CHURCHILL ROAD, BRIMSCOMBE, STROUD, GL5 2UE - £375,000

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.

PROSPECT COTTAGE is a small extended detached house of 101m², built sometime before 1900, which could now be worth an estimated £449,482. It was last sold for £375,000 in October 2019, which was around 17% below the average October 2019 detached price in the Stroud local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

PROSPECT COTTAGE Sold Prices

Land registry data shows two sales for PROSPECT COTTAGE 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 PROSPECT COTTAGE 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
2019 24 OCT	£375,000	£450,507	17% below HPI
2001 9 MAR	£140,000	£170,622	18% below HPI

PROSPECT COTTAGE 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 PROSPECT COTTAGE sales from March 2001 and October 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 March 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might PROSPECT COTTAGE be worth now?

PROSPECT COTTAGE might now be worth an estimated £449,482.

This is based on house price inflation of 19.9%, between October 2019 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 19.9% inflationary increase is applied to the most recent sale price for PROSPECT COTTAGE of £375,000 on 24th October 2019. For the value to have increased from £375,000 to £449,482 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of PROSPECT COTTAGE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The October 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT COTTAGE has not materially changed since October 2019.

How Large is PROSPECT COTTAGE?

PROSPECT COTTAGE is 101m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses houses in Brimscombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brimscombe, and where PROSPECT COTTAGE lies on this distribution: 26% of detached houses houses are smaller than PROSPECT COTTAGE, and 74% of houses are larger. Note that EPC data is not available for all properties in Brimscombe.

PROSPECT COTTAGE: Plot and Title Map

PROSPECT COTTAGE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of PROSPECT COTTAGE, 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 PROSPECT COTTAGE). 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 PROSPECT COTTAGE?

PROSPECT COTTAGE is located on CHURCHILL ROAD in BRIMSCOMBE, in the GL5 postcode district. The below map shows the position of PROSPECT COTTAGE on CHURCHILL ROAD.