10, THE CLOSE, WHITMINSTER, GLOUCESTER, GL2 7NU - £240,950

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.

10 THE CLOSE is a large detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £424,509. It was last sold for £240,950 in October 2011, which was around 23% below the average October 2011 detached price in the Stroud local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

10 THE CLOSE Sold Prices

Land registry data shows two sales for 10 THE CLOSE 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 10 THE CLOSE sales were 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
2011 20 OCT	£240,950	£311,992	23% below HPI
2004 2 JUN	£185,000	£274,761	33% below HPI

10 THE CLOSE 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 10 THE CLOSE sales from June 2004 and October 2011 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 June 2004 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2011 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 10 THE CLOSE be worth now?

10 THE CLOSE might now be worth an estimated £424,509.

This is based on house price inflation of 76.2%, between October 2011 and October 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 76.2% inflationary increase is applied to the most recent sale price for 10 THE CLOSE of £240,950 on 20th October 2011. For the value to have increased from £240,950 to £424,509 over the fourteen years to October 2025, the following assumptions must hold true:

• The value of 10 THE CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The October 2011 sale price of £240,950 represented a fair market value for the property.
• The size, condition, and specification of 10 THE CLOSE has not materially changed since October 2011.

How Large is 10 THE CLOSE?

10 THE CLOSE is 137m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses houses in Whitminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitminster, and where 10 THE CLOSE lies on this distribution: 60% of detached houses houses are smaller than 10 THE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Whitminster.

10 THE CLOSE: Plot and Title Map

10 THE CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 10 THE CLOSE, 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 10 THE CLOSE). 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 10 THE CLOSE?

10 THE CLOSE is located in WHITMINSTER, in the GL2 postcode district. The below map shows the position of No. 10 on THE CLOSE.