THE NEW HOUSE, UPPER HAYES ROAD, FOREST GREEN, STROUD, GL6 0ED - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE NEW HOUSE is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £345,000 in August 2013, which was around 8% above the average August 2013 detached price in the Stroud local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

THE NEW HOUSE Sold Prices

Land registry data shows three sales for THE NEW HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Two of the three THE NEW HOUSE 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
2013 16 AUG	£345,000	£318,870	8% above HPI
2004 7 MAY	£250,000	£274,144	9% below HPI
1999 29 OCT	£152,000	£141,396	7% 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 three THE NEW HOUSE sales between October 1999 and August 2013 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 May 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2013 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £570,825.

This is based on house price inflation of 65.5%, between August 2013 and December 2024, 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 65.5% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £345,000 on 16th August 2013. For the value to have increased from £345,000 to £570,825 over the ten years and eight months to December 2024, 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 August 2013 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since August 2013.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 119m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nailsworth, and where THE NEW HOUSE lies on this distribution: 40% of detached houses houses are smaller than THE NEW HOUSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.077 of an acre, or 311m². 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 on UPPER HAYES ROAD in FOREST GREEN, in the GL6 postcode district. The below map shows the position of THE NEW HOUSE on UPPER HAYES ROAD.