10, MELBOURNE DRIVE, STONEHOUSE, GL10 2PJ - £260,000

10 MELBOURNE DRIVE is a very small detached house of 76m², built sometime between 1976 and 1982. It was last sold for £260,000 in July 2018, which was around 38% below the average July 2018 detached price in the Stroud local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

10 MELBOURNE DRIVE Sold Prices

Land registry data shows three sales for 10 MELBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. All of the three 10 MELBOURNE DRIVE 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 26 JUL	£260,000	£417,639	38% below HPI
2013 1 FEB	£175,000	£316,904	45% below HPI
1997 28 FEB	£64,500	£100,376	36% below HPI

10 MELBOURNE DRIVE 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 three 10 MELBOURNE DRIVE sales between February 1997 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 February 2013 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 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 10 MELBOURNE DRIVE?

10 MELBOURNE DRIVE is 76m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of detached houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses by size in Stonehouse, and where 10 MELBOURNE DRIVE lies on this distribution: 9% of detached houses are smaller than 10 MELBOURNE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

10 MELBOURNE DRIVE: Plot and Title Map

10 MELBOURNE DRIVE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 10 MELBOURNE DRIVE, 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 10 MELBOURNE DRIVE). 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 10 MELBOURNE DRIVE?

10 MELBOURNE DRIVE is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 10 on MELBOURNE DRIVE.