2, LANTERN CLOSE, BERKELEY, GL13 9DE - £245,000

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.

2 LANTERN CLOSE is a detached house, which could now be worth an estimated £696,846. It was last sold for £245,000 in September 2001, which was around 26% above the average September 2001 detached price in the Stroud local authority area.

2 LANTERN CLOSE Sold Prices

Land registry data shows two sales for 2 LANTERN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 2 LANTERN 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
2001 11 SEP	£245,000	£195,205	26% above HPI
1997 15 AUG	£134,995	£114,225	18% above HPI

What might 2 LANTERN CLOSE be worth now?

2 LANTERN CLOSE might now be worth an estimated £696,846.

This is based on house price inflation of 184.4%, between September 2001 and July 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 184.4% inflationary increase is applied to the most recent sale price for 2 LANTERN CLOSE of £245,000 on 11th September 2001. For the value to have increased from £245,000 to £696,846 over the 25 years and two months to July 2026, the following assumptions must hold true:

• The value of 2 LANTERN CLOSE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The September 2001 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANTERN CLOSE has not materially changed since September 2001.

Where is 2 LANTERN CLOSE?

2 LANTERN CLOSE is located in BERKELEY, in the GL13 postcode district.