VERONA, OLD COMMON, MINCHINHAMPTON, STROUD, GL6 9EH - £600,000

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.

VERONA is a very large extended detached house of 215m², built sometime between 1950 and 1966, which could now be worth an estimated £703,498. It was last sold for £600,000 in April 2020, which was around 30% above the average April 2020 detached price in the Stroud local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

VERONA Sold Prices

Land registry data shows two sales for VERONA 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. One of the two VERONA sales was for above the average price, whilst the other 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
2020 17 APR	£600,000	£460,544	30% above HPI
2010 27 OCT	£280,000	£330,911	15% below HPI

VERONA 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 VERONA sales from October 2010 and April 2020 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 October 2010 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might VERONA be worth now?

VERONA might now be worth an estimated £703,498.

This is based on house price inflation of 17.2%, between April 2020 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 17.2% inflationary increase is applied to the most recent sale price for VERONA of £600,000 on 17th April 2020. For the value to have increased from £600,000 to £703,498 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of VERONA has moved in line with the HPI for detached houses in the Stroud local authority area.
• The April 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of VERONA has not materially changed since April 2020.

How Large is VERONA?

VERONA is 215m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses houses in Minchinhampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minchinhampton, and where VERONA lies on this distribution: 88% of detached houses houses are smaller than VERONA, and 11% of houses are larger. Note that EPC data is not available for all properties in Minchinhampton.

VERONA: Plot and Title Map

VERONA sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of VERONA, 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 VERONA). 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 VERONA?

VERONA is located on OLD COMMON in MINCHINHAMPTON, in the GL6 postcode district. The below map shows the position of VERONA on OLD COMMON.