21, MERESTONE CLOSE, SOUTHAM, CV47 1GU - £249,995

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

21 MERESTONE CLOSE is a large detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £476,959. It was last sold for £249,995 in May 2004, which was around 20% below the average May 2004 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

21 MERESTONE CLOSE Sold Prices

Land registry data shows three sales for 21 MERESTONE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 21 MERESTONE 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
2004 21 MAY	£249,995	£313,226	20% below HPI
2001 26 NOV	£170,000	£232,213	27% below HPI
1999 9 JUL	£141,633	£174,545	19% below HPI

21 MERESTONE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 21 MERESTONE CLOSE sales between July 1999 and May 2004 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 November 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2004 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 21 MERESTONE CLOSE be worth now?

21 MERESTONE CLOSE might now be worth an estimated £476,959.

This is based on house price inflation of 90.8%, between May 2004 and December 2024, for detached houses, in the Stratford-on-Avon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 90.8% inflationary increase is applied to the most recent sale price for 21 MERESTONE CLOSE of £249,995 on 21st May 2004. For the value to have increased from £249,995 to £476,959 over the nineteen years and five months to December 2024, the following assumptions must hold true:

• The value of 21 MERESTONE CLOSE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The May 2004 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 21 MERESTONE CLOSE has not materially changed since May 2004.

How Large is 21 MERESTONE CLOSE?

21 MERESTONE CLOSE is 128m² according to the EPC inspection conducted in June 2010. This puts it in the largest 40% of detached houses houses in Southam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southam, and where 21 MERESTONE CLOSE lies on this distribution: 70% of detached houses houses are smaller than 21 MERESTONE CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Southam.

21 MERESTONE CLOSE: Plot and Title Map

21 MERESTONE CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 21 MERESTONE 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 21 MERESTONE 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 21 MERESTONE CLOSE?

21 MERESTONE CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 21 on MERESTONE CLOSE.