FAIRLIE, MAIN ROAD, MINSTERWORTH, GLOUCESTER, GL2 8JH - £355,000

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.

FAIRLIE is a large extended detached house of 173m², built sometime between 1900 and 1929, which could now be worth an estimated £465,323. It was last sold for £355,000 in April 2018, which was around 8% below the average April 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

FAIRLIE Sold Prices

Land registry data shows two sales for FAIRLIE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. One of the two FAIRLIE sales was for below the average price, whilst the other was 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
2018 18 APR	£355,000	£387,773	8% below HPI
2006 6 SEP	£365,000	£292,963	25% above HPI

FAIRLIE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two FAIRLIE sales from September 2006 and April 2018 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 September 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might FAIRLIE be worth now?

FAIRLIE might now be worth an estimated £465,323.

This is based on house price inflation of 31.1%, between April 2018 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for FAIRLIE of £355,000 on 18th April 2018. For the value to have increased from £355,000 to £465,323 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of FAIRLIE has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The April 2018 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRLIE has not materially changed since April 2018.

How Large is FAIRLIE?

FAIRLIE is 173m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% of detached houses houses in Minsterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Minsterworth, and where FAIRLIE lies on this distribution: 66% of detached houses houses are smaller than FAIRLIE, and 34% of houses are larger. Note that EPC data is not available for all properties in Minsterworth.

FAIRLIE: Plot and Title Map

FAIRLIE sits on a plot of roughly 0.557 of an acre, or 2,253m². The below map shows the location of FAIRLIE, 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 FAIRLIE). 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 FAIRLIE?

FAIRLIE is located on MAIN ROAD in MINSTERWORTH, in the GL2 postcode district. The below map shows the position of FAIRLIE on MAIN ROAD.