PROSPECT HOUSE, ROCKNESS HILL, NAILSWORTH, STROUD, GL6 0JU - £499,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PROSPECT HOUSE is a very large extended detached house of 205m², built sometime before 1900. It was last sold for £499,000 in December 2009, which was around 67% above the average December 2009 detached price in the Stroud local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was A.

PROSPECT HOUSE Sold Prices

Land registry data shows two sales for PROSPECT HOUSE 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 HOUSE 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
2009 9 DEC	£499,000	£298,664	67% above HPI
1997 17 OCT	£152,000	£119,177	28% above HPI

PROSPECT HOUSE 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 HOUSE sales from October 1997 and December 2009 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 October 1997 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the December 2009 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might PROSPECT HOUSE be worth now?

PROSPECT HOUSE might now be worth an estimated £881,485.

This is based on house price inflation of 76.7%, between December 2009 and December 2024, 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 76.7% inflationary increase is applied to the most recent sale price for PROSPECT HOUSE of £499,000 on 9th December 2009. For the value to have increased from £499,000 to £881,485 over the fifteen years to December 2024, the following assumptions must hold true:

• The value of PROSPECT HOUSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The December 2009 sale price of £499,000 represented a fair market value for the property.
• The size, condition, and specification of PROSPECT HOUSE has not materially changed since December 2009.

How Large is PROSPECT HOUSE?

PROSPECT HOUSE is 205m², which includes four extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsworth, and where PROSPECT HOUSE lies on this distribution: 85% of detached houses houses are smaller than PROSPECT HOUSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

PROSPECT HOUSE: Plot and Title Map

PROSPECT HOUSE sits on a plot of roughly 0.454 of an acre, or 1,839m². The below map shows the location of PROSPECT HOUSE, 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 HOUSE). 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 HOUSE?

PROSPECT HOUSE is located on ROCKNESS HILL in NAILSWORTH, in the GL6 postcode district. The below map shows the position of PROSPECT HOUSE on ROCKNESS HILL.