THE LAURELS, WOTTON ROAD, CHARFIELD, WOTTON-UNDER-EDGE, GL12 8TP - £420,000

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

THE LAURELS is a large extended detached house of 143m², built sometime from 2007 onwards. It was last sold for £420,000 in October 2015, which was around 11% above the average October 2015 detached price in the South Gloucestershire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Gloucestershire local authority area for the corresponding sale date. Two of the three THE LAURELS sales were for above the average price, whilst one 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
2015 14 OCT	£420,000	£379,589	11% above HPI
2010 12 AUG	£350,000	£300,990	16% above HPI
2009 26 OCT	£95,000	£280,070	66% below HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The three THE LAURELS sales between October 2009 and October 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 August 2010 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 143m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Charfield, based on EPC data. The below chart shows the distribution of detached houses by size in Charfield, and where THE LAURELS lies on this distribution: 71% of detached houses are smaller than THE LAURELS, and 28% of houses are larger. Note that EPC data is not available for all properties in Charfield.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on WOTTON ROAD in CHARFIELD, in the GL12 postcode district. The below map shows the position of THE LAURELS on WOTTON ROAD.