20, MELBOURNE DRIVE, STONEHOUSE, GL10 2PJ - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 MELBOURNE DRIVE is a small detached house of 92m², built sometime between 1967 and 1975. It was last sold for £305,000 in March 2019, which was around 26% below the average March 2019 detached price in the Stroud local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

20 MELBOURNE DRIVE Sold Prices

Land registry data shows three sales for 20 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 20 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
2019 27 MAR	£305,000	£413,326	26% below HPI
2011 29 JUN	£210,000	£307,511	32% below HPI
1997 24 JAN	£76,000	£99,885	24% below HPI

20 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 20 MELBOURNE DRIVE sales between January 1997 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 June 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 20 MELBOURNE DRIVE?

20 MELBOURNE DRIVE is 92m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Stonehouse, based on EPC data. The below chart shows the distribution of detached houses by size in Stonehouse, and where 20 MELBOURNE DRIVE lies on this distribution: 21% of detached houses are smaller than 20 MELBOURNE DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

20 MELBOURNE DRIVE: Plot and Title Map

20 MELBOURNE DRIVE sits on a plot of roughly 0.170 of an acre, or 689m². The below map shows the location of 20 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 20 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 20 MELBOURNE DRIVE?

20 MELBOURNE DRIVE is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 20 on MELBOURNE DRIVE.