THE STAVE, NEWMARKET, NAILSWORTH, STROUD, GL6 0RF - £367,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE STAVE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £367,000 in June 2016, which was around 2% below the average June 2016 detached price in the Stroud local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

THE STAVE Sold Prices

Land registry data shows four sales for THE STAVE 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. two of the four THE STAVE sales were for below the average price, and four 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
2016 21 JUN	£367,000	£376,160	2% below HPI
2013 5 NOV	£315,000	£313,244	1% above HPI
2007 5 APR	£317,000	£325,022	2% below HPI
2002 28 NOV	£250,000	£230,486	8% above HPI

THE STAVE 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 STAVE sales between November 2002 and June 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 November 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2016 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is THE STAVE?

THE STAVE is 119m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses in Nailsworth, based on EPC data. The below chart shows the distribution of detached houses by size in Nailsworth, and where THE STAVE lies on this distribution: 41% of detached houses are smaller than THE STAVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Nailsworth.

THE STAVE: Plot and Title Map

THE STAVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of THE STAVE, 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 STAVE). 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 STAVE?

THE STAVE is located on NEWMARKET in NAILSWORTH, in the GL6 postcode district. The below map shows the position of THE STAVE on NEWMARKET.