7, EROS CLOSE, STROUD, GL5 3TP - £165,000

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.

7 EROS CLOSE is a very small extended semi-detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £255,335. It was last sold for £165,000 in May 2015, which was around 24% below the average May 2015 semi-detached price in the Stroud local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

7 EROS CLOSE Sold Prices

Land registry data shows two sales for 7 EROS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. Both of the two 7 EROS 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
2015 28 MAY	£165,000	£216,768	24% below HPI
2006 29 JUN	£162,000	£187,708	14% below HPI

7 EROS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stroud local authority area over time, sourced from the HPI. The two 7 EROS CLOSE sales from June 2006 and May 2015 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 EROS CLOSE be worth now?

7 EROS CLOSE might now be worth an estimated £255,335.

This is based on house price inflation of 54.7%, between May 2015 and May 2026, for semi-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 54.7% inflationary increase is applied to the most recent sale price for 7 EROS CLOSE of £165,000 on 28th May 2015. For the value to have increased from £165,000 to £255,335 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 7 EROS CLOSE has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The May 2015 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 EROS CLOSE has not materially changed since May 2015.

How Large is 7 EROS CLOSE?

7 EROS CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of semi-detached houses houses in Stroud, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stroud, and where 7 EROS CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 7 EROS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stroud.

7 EROS CLOSE: Plot and Title Map

7 EROS CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 7 EROS 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 7 EROS 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 7 EROS CLOSE?

7 EROS CLOSE is located in STROUD, in the GL5 postcode district. The below map shows the position of No. 7 on EROS CLOSE.