STONECROP, CRANHAM, GLOUCESTER, GL4 8JA - £275,000

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.

STONECROP is a very small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £464,262. It was last sold for £275,000 in September 2011, which was around 15% below the average September 2011 detached price in the Stroud local authority area. The most recent EPC inspection was March 2011, where the current energy rating was F, and the potential energy rating was E.

STONECROP Sold Prices

Land registry data shows two sales for STONECROP 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 STONECROP 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
2011 16 SEP	£275,000	£321,890	15% below HPI
1995 28 SEP	£110,000	£99,972	10% above HPI

STONECROP 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 STONECROP sales from September 1995 and September 2011 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 1995 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2011 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might STONECROP be worth now?

STONECROP might now be worth an estimated £464,262.

This is based on house price inflation of 68.8%, between September 2011 and March 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 68.8% inflationary increase is applied to the most recent sale price for STONECROP of £275,000 on 16th September 2011. For the value to have increased from £275,000 to £464,262 over the fourteen years and six months to March 2025, the following assumptions must hold true:

• The value of STONECROP has moved in line with the HPI for detached houses in the Stroud local authority area.
• The September 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of STONECROP has not materially changed since September 2011.

How Large is STONECROP?

STONECROP is 89m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses houses in Cranham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranham, and where STONECROP lies on this distribution: 8% of detached houses houses are smaller than STONECROP, and 92% of houses are larger. Note that EPC data is not available for all properties in Cranham.

STONECROP: Plot and Title Map

STONECROP sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of STONECROP, 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 STONECROP). 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 STONECROP?

STONECROP is located in CRANHAM, in the GL4 postcode district. The below map shows the position of STONECROP in CRANHAM.