THE RED HOUSE, LOWER WASHWELL LANE, PAINSWICK, STROUD, GL6 6XW - £1,300,000

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 RED HOUSE is a very large extended detached house of 263m², built sometime between 1900 and 1929. It was last sold for £1,300,000 in March 2022, which was around 167% above the average March 2022 detached price in the Stroud local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was C.

THE RED HOUSE Sold Prices

Land registry data shows two sales for THE RED 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 RED 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
2022 25 MAR	£1,300,000	£487,616	167% above HPI
2004 10 DEC	£690,000	£289,227	139% above HPI

THE RED 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 RED HOUSE sales from December 2004 and March 2022 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 December 2004 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the March 2022 sale, where it rises to 167% above the HPI. The line then continues to track at 167% above the HPI.

How Large is THE RED HOUSE?

THE RED HOUSE is 263m², which includes four extensions, according to the EPC inspection conducted in December 2023. This puts it in the largest 20% of detached houses in Painswick, based on EPC data. The below chart shows the distribution of detached houses by size in Painswick, and where THE RED HOUSE lies on this distribution: 88% of detached houses are smaller than THE RED HOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Painswick.

THE RED HOUSE: Plot and Title Map

THE RED HOUSE sits on a plot of roughly 0.257 of an acre, or 1,039m². The below map shows the location of THE RED 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 RED 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 RED HOUSE?

THE RED HOUSE is located on LOWER WASHWELL LANE in PAINSWICK, in the GL6 postcode district. The below map shows the position of THE RED HOUSE on LOWER WASHWELL LANE.