DORMIC, WESTRIP LANE, STROUD, GL5 4RT - £105,000

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.

DORMIC is a very small extended terraced house of 41m², built sometime before 1900, which could now be worth an estimated £111,729. It was last sold for £105,000 in January 2023, which was around 60% below the average January 2023 terraced price in the Stroud local authority area. The most recent EPC inspection was June 2022, where the current energy rating was G, and the potential energy rating was D.

DORMIC Sold Prices

Land registry data shows one sale for DORMIC since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Stroud local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 26 JAN	£105,000	£264,212	60% below HPI

What might DORMIC be worth now?

DORMIC might now be worth an estimated £111,729.

This is based on house price inflation of 6.4%, between January 2023 and May 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 6.4% inflationary increase is applied to the most recent sale price for DORMIC of £105,000 on 26th January 2023. For the value to have increased from £105,000 to £111,729 over the two years and eight months to May 2026, the following assumptions must hold true:

• The value of DORMIC has moved in line with the HPI for terraced houses in the Stroud local authority area.
• The January 2023 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of DORMIC has not materially changed since January 2023.

How Large is DORMIC?

DORMIC is 41m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses in Stroud, based on EPC data. The below chart shows the distribution of terraced houses by size in Stroud, and where DORMIC lies on this distribution: 1% of terraced houses are smaller than DORMIC, and 99% of terraced houses are larger. Note that EPC data is not available for all properties in Stroud.

DORMIC: Plot

DORMIC sits on a plot of roughly 0.046 of an acre, or 186m².

Where is DORMIC?

DORMIC is located on WESTRIP LANE in STROUD, in the GL5 postcode district.