SPRINGFIELD COTTAGE, CHESTNUT LANE, STROUD, GL5 3EW - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPRINGFIELD COTTAGE is a large extended detached house of 127m², built sometime before 1900. It was last sold for £300,000 in July 2015, which was around 15% below the average July 2015 detached price in the Stroud local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

SPRINGFIELD COTTAGE Sold Prices

Land registry data shows two sales for SPRINGFIELD 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 SPRINGFIELD 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
2015 21 JUL	£300,000	£354,070	15% below HPI
2005 16 SEP	£200,000	£294,158	32% below HPI

SPRINGFIELD 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 SPRINGFIELD COTTAGE sales from September 2005 and July 2015 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 September 2005 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is SPRINGFIELD COTTAGE?

SPRINGFIELD COTTAGE is 127m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 40% of detached houses in Stroud, based on EPC data. The below chart shows the distribution of detached houses by size in Stroud, and where SPRINGFIELD COTTAGE lies on this distribution: 65% of detached houses are smaller than SPRINGFIELD COTTAGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Stroud.

SPRINGFIELD COTTAGE: Plot and Title Map

SPRINGFIELD COTTAGE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD COTTAGE?

SPRINGFIELD COTTAGE is located on CHESTNUT LANE in STROUD, in the GL5 postcode district. The below map shows the position of SPRINGFIELD COTTAGE on CHESTNUT LANE.