5, LANTERN CLOSE, BERKELEY, GL13 9DE - £157,000

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.

5 LANTERN CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £242,886. It was last sold for £157,000 in August 2014, which was around 13% below the average August 2014 terraced price in the Stroud local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

5 LANTERN CLOSE Sold Prices

Land registry data shows three sales for 5 LANTERN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Stroud local authority area for the corresponding sale date. All of the three 5 LANTERN 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
2014 22 AUG	£157,000	£180,946	13% below HPI
2006 28 APR	£145,000	£159,275	9% below HPI
2002 31 MAY	£97,000	£98,436	1% below HPI

5 LANTERN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Stroud local authority area over time, sourced from the HPI. The three 5 LANTERN CLOSE sales between May 2002 and August 2014 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 April 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 LANTERN CLOSE be worth now?

5 LANTERN CLOSE might now be worth an estimated £242,886.

This is based on house price inflation of 54.7%, between August 2014 and April 2026, for terraced 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 54.7% inflationary increase is applied to the most recent sale price for 5 LANTERN CLOSE of £157,000 on 22nd August 2014. For the value to have increased from £157,000 to £242,886 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 5 LANTERN CLOSE has moved in line with the HPI for terraced houses in the Stroud local authority area.
• The August 2014 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LANTERN CLOSE has not materially changed since August 2014.

How Large is 5 LANTERN CLOSE?

5 LANTERN CLOSE is 58m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of terraced houses houses in Berkeley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Berkeley, and where 5 LANTERN CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 5 LANTERN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Berkeley.

5 LANTERN CLOSE: Plot and Title Map

5 LANTERN CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 5 LANTERN 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 5 LANTERN 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 5 LANTERN CLOSE?

5 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district. The below map shows the position of No. 5 on LANTERN CLOSE.