THE NEW HOUSE, OAKRIDGE LYNCH, STROUD, GL6 7NT - £802,000

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 NEW HOUSE is a large extended detached house of 190m², built sometime between 1996 and 2002, which could now be worth an estimated £898,138. It was last sold for £802,000 in December 2021, which was around 66% above the average December 2021 detached price in the Stroud local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was D.

THE NEW HOUSE Sold Prices

Land registry data shows two sales for THE NEW HOUSE 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 THE NEW HOUSE sales were 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
2021 13 DEC	£802,000	£482,185	66% above HPI
1999 26 JUL	£260,000	£132,784	96% above HPI

THE NEW HOUSE 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 THE NEW HOUSE sales from July 1999 and December 2021 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 July 1999 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the December 2021 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £898,138.

This is based on house price inflation of 12%, between December 2021 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 12% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £802,000 on 13th December 2021. For the value to have increased from £802,000 to £898,138 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The December 2021 sale price of £802,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since December 2021.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 190m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 30% of detached houses houses in Oakridge Lynch, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakridge Lynch, and where THE NEW HOUSE lies on this distribution: 79% of detached houses houses are smaller than THE NEW HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Oakridge Lynch.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of THE NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

THE NEW HOUSE is located in OAKRIDGE LYNCH, in the GL6 postcode district. The below map shows the position of THE NEW HOUSE in OAKRIDGE LYNCH.