2, SPINNEY COURT, BRIMSCOMBE, STROUD, GL5 2PY - £308,000

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.

2 SPINNEY COURT is a small extended detached house of 116m², built sometime between 1976 and 1982, which could now be worth an estimated £442,941. It was last sold for £308,000 in May 2016, which was around 20% below the average May 2016 detached price in the Stroud local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

2 SPINNEY COURT Sold Prices

Land registry data shows three sales for 2 SPINNEY COURT 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. All of the three 2 SPINNEY COURT 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
2016 20 MAY	£308,000	£383,513	20% below HPI
2014 6 JAN	£260,000	£327,959	21% below HPI
2004 23 FEB	£270,000	£275,591	2% below HPI

2 SPINNEY COURT 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 2 SPINNEY COURT sales between February 2004 and May 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 January 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 SPINNEY COURT be worth now?

2 SPINNEY COURT might now be worth an estimated £442,941.

This is based on house price inflation of 43.8%, between May 2016 and May 2026, 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 43.8% inflationary increase is applied to the most recent sale price for 2 SPINNEY COURT of £308,000 on 20th May 2016. For the value to have increased from £308,000 to £442,941 over the ten years to May 2026, the following assumptions must hold true:

• The value of 2 SPINNEY COURT has moved in line with the HPI for detached houses in the Stroud local authority area.
• The May 2016 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SPINNEY COURT has not materially changed since May 2016.

How Large is 2 SPINNEY COURT?

2 SPINNEY COURT is 116m², which includes three extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses houses in Brimscombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brimscombe, and where 2 SPINNEY COURT lies on this distribution: 39% of detached houses houses are smaller than 2 SPINNEY COURT, and 61% of houses are larger. Note that EPC data is not available for all properties in Brimscombe.

2 SPINNEY COURT: Plot and Title Map

2 SPINNEY COURT sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 2 SPINNEY COURT, 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 2 SPINNEY COURT). 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 2 SPINNEY COURT?

2 SPINNEY COURT is located in BRIMSCOMBE, in the GL5 postcode district. The below map shows the position of No. 2 on SPINNEY COURT.