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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 MELBOURNE DRIVE is a very small detached house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £324,864. It was last sold for £260,000 in July 2018, which was around 40% 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	£432,170	40% below HPI
2013 1 FEB	£175,000	£327,931	47% below HPI
1997 28 FEB	£64,500	£103,868	38% 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 10 MELBOURNE DRIVE be worth now?

10 MELBOURNE DRIVE might now be worth an estimated £324,864.

This is based on house price inflation of 24.9%, between July 2018 and February 2025, 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 24.9% inflationary increase is applied to the most recent sale price for 10 MELBOURNE DRIVE of £260,000 on 26th July 2018. For the value to have increased from £260,000 to £324,864 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 10 MELBOURNE DRIVE has moved in line with the HPI for detached houses in the Stroud local authority area.
• The July 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MELBOURNE DRIVE has not materially changed since July 2018.

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 houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonehouse, and where 10 MELBOURNE DRIVE lies on this distribution: 8% of detached houses 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.