SITUATION PLACE, THE LANE, RANDWICK, STROUD, GL6 6HL - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SITUATION PLACE is a large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £450,000 in June 2018, which was around 12% above the average June 2018 detached price in the Stroud local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was A.

SITUATION PLACE Sold Prices

Land registry data shows two sales for SITUATION PLACE 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. One of the two SITUATION PLACE sales was for above the average price, whilst the other was 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 29 JUN	£450,000	£402,944	12% above HPI
2005 3 MAR	£95,000	£289,511	67% below HPI

SITUATION PLACE 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 SITUATION PLACE sales from March 2005 and June 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 March 2005 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the June 2018 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is SITUATION PLACE?

SITUATION PLACE is 130m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Randwick, based on EPC data. The below chart shows the distribution of detached houses by size in Randwick, and where SITUATION PLACE lies on this distribution: 62% of detached houses are smaller than SITUATION PLACE, and 36% of houses are larger. Note that EPC data is not available for all properties in Randwick.

SITUATION PLACE: Plot and Title Map

SITUATION PLACE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of SITUATION PLACE, 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 SITUATION PLACE). 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 SITUATION PLACE?

SITUATION PLACE is located on THE LANE in RANDWICK, in the GL6 postcode district. The below map shows the position of SITUATION PLACE on THE LANE.