3, CHERRY CLOSE, CHALFORD HILL, STROUD, GL6 8FD - £725,000

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.

3 CHERRY CLOSE is a very large extended detached house of 178m², built sometime from 2012 onwards, which could now be worth an estimated £728,190. It was last sold for £725,000 in September 2022, which was around 32% above the average September 2022 detached price in the Stroud local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

3 CHERRY CLOSE Sold Prices

Land registry data shows four sales for 3 CHERRY CLOSE 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. All of the four 3 CHERRY CLOSE 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 2 SEP	£725,000	£549,122	32% above HPI
2019 21 MAY	£525,000	£430,637	22% above HPI
2012 4 OCT	£439,950	£322,176	37% above HPI
2011 22 JUL	£420,000	£324,308	30% above HPI

3 CHERRY 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 four 3 CHERRY CLOSE sales between July 2011 and September 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 May 2019 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the September 2022 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 3 CHERRY CLOSE be worth now?

3 CHERRY CLOSE might now be worth an estimated £728,190.

This is based on house price inflation of 0.4%, between September 2022 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 0.4% inflationary increase is applied to the most recent sale price for 3 CHERRY CLOSE of £725,000 on 2nd September 2022. For the value to have increased from £725,000 to £728,190 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 3 CHERRY CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The September 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHERRY CLOSE has not materially changed since September 2022.

How Large is 3 CHERRY CLOSE?

3 CHERRY CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses houses in Chalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chalford, and where 3 CHERRY CLOSE lies on this distribution: 90% of detached houses houses are smaller than 3 CHERRY CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Chalford.

3 CHERRY CLOSE: Plot and Title Map

3 CHERRY CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 3 CHERRY 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 3 CHERRY 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 3 CHERRY CLOSE?

3 CHERRY CLOSE is located in CHALFORD HILL, in the GL6 postcode district. The below map shows the position of No. 3 on CHERRY CLOSE.