THE FORGE, LABURNUM WALK, STONEHOUSE, GL10 2NR - £290,000

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.

THE FORGE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £408,527. It was last sold for £290,000 in March 2016, which was around 24% below the average March 2016 detached price in the Stroud local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was D.

THE FORGE Sold Prices

Land registry data shows four sales for THE FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Most of the four THE FORGE 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
2016 16 MAR	£290,000	£383,318	24% below HPI
2004 17 SEP	£237,000	£297,891	20% below HPI
2001 4 SEP	£210,000	£195,205	8% above HPI
1997 19 DEC	£109,950	£115,863	5% below HPI

THE FORGE 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 four THE FORGE sales between December 1997 and March 2016 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 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might THE FORGE be worth now?

THE FORGE might now be worth an estimated £408,527.

This is based on house price inflation of 40.9%, between March 2016 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 40.9% inflationary increase is applied to the most recent sale price for THE FORGE of £290,000 on 16th March 2016. For the value to have increased from £290,000 to £408,527 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of THE FORGE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The March 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of THE FORGE has not materially changed since March 2016.

How Large is THE FORGE?

THE FORGE is 76m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonehouse, and where THE FORGE lies on this distribution: 8% of detached houses houses are smaller than THE FORGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

THE FORGE: Plot and Title Map

THE FORGE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of THE FORGE, 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 THE FORGE). 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 THE FORGE?

THE FORGE is located on LABURNUM WALK in STONEHOUSE, in the GL10 postcode district. The below map shows the position of THE FORGE on LABURNUM WALK.