MARTHAM, COTSWOLD CLOSE, BOURNE, STROUD, GL5 2TZ - £287,500

MARTHAM is a very small detached house of 49m², built sometime between 1950 and 1966. It was last sold for £287,500 in July 2018, which was around 31% below the average July 2018 detached price in the Stroud local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

MARTHAM Sold Prices

Land registry data shows four sales for MARTHAM 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 MARTHAM 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
2018 20 JUL	£287,500	£417,639	31% below HPI
2015 28 AUG	£200,000	£361,548	45% below HPI
2012 29 AUG	£172,500	£316,738	46% below HPI
2001 30 MAR	£84,000	£164,885	49% below HPI

MARTHAM 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 MARTHAM sales between March 2001 and July 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 August 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2018 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is MARTHAM?

MARTHAM is 49m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Brimscombe, based on EPC data. The below chart shows the distribution of detached houses by size in Brimscombe, and where MARTHAM lies on this distribution: Less than 1% of detached houses are smaller than MARTHAM, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Brimscombe.

MARTHAM: Plot and Title Map

MARTHAM sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of MARTHAM, 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 MARTHAM). 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 MARTHAM?

MARTHAM is located on COTSWOLD CLOSE in BOURNE, in the GL5 postcode district. The below map shows the position of MARTHAM on COTSWOLD CLOSE.