2, MEERSTONE WAY, ABBEYDALE, GLOUCESTER, GL4 5EP - £262,000

2 MEERSTONE WAY is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £262,000 in July 2020, which was around 24% below the average July 2020 detached price in the Gloucester local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

2 MEERSTONE WAY Sold Prices

Land registry data shows two sales for 2 MEERSTONE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gloucester local authority area for the corresponding sale date. Both of the two 2 MEERSTONE WAY 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
2020 24 JUL	£262,000	£343,658	24% below HPI
2019 17 SEP	£215,000	£343,104	37% below HPI

2 MEERSTONE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gloucester local authority area over time, sourced from the HPI. The two 2 MEERSTONE WAY sales from September 2019 and July 2020 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 MEERSTONE WAY?

2 MEERSTONE WAY is 58m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 2 MEERSTONE WAY lies on this distribution: 2% of detached houses are smaller than 2 MEERSTONE WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

2 MEERSTONE WAY: Plot and Title Map

2 MEERSTONE WAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 2 MEERSTONE WAY, 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 2 MEERSTONE WAY). 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 2 MEERSTONE WAY?

2 MEERSTONE WAY is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 2 on MEERSTONE WAY.