19, MERESTONES CLOSE, CHELTENHAM, GL50 2ST - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

19 MERESTONES CLOSE is a small extended detached house of 109m², built sometime between 1967 and 1975. It was last sold for £475,000 in March 2019, which was around 2% below the average March 2019 detached price in the Cheltenham local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

19 MERESTONES CLOSE Sold Prices

Land registry data shows two sales for 19 MERESTONES 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 Cheltenham local authority area for the corresponding sale date. Both of the two 19 MERESTONES CLOSE 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
2019 22 MAR	£475,000	£487,172	2% below HPI
2004 20 FEB	£250,000	£281,003	11% below HPI

19 MERESTONES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 19 MERESTONES CLOSE sales from February 2004 and March 2019 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 19 MERESTONES CLOSE?

19 MERESTONES CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 19 MERESTONES CLOSE lies on this distribution: 33% of detached houses are smaller than 19 MERESTONES CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

19 MERESTONES CLOSE: Plot and Title Map

19 MERESTONES CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 19 MERESTONES CLOSE, 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 19 MERESTONES CLOSE). 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 19 MERESTONES CLOSE?

19 MERESTONES CLOSE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 19 on MERESTONES CLOSE.