23, MEERSTONE WAY, ABBEYDALE, GLOUCESTER, GL4 5EP - £245,000

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

23 MEERSTONE WAY is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £245,000 in April 2018, which was around 23% below the average April 2018 detached price in the Gloucester local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

23 MEERSTONE WAY Sold Prices

Land registry data shows two sales for 23 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 23 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
2018 12 APR	£245,000	£316,842	23% below HPI
2011 1 SEP	£168,500	£216,977	22% below HPI

23 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 23 MEERSTONE WAY sales from September 2011 and April 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 September 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 23 MEERSTONE WAY be worth now?

23 MEERSTONE WAY might now be worth an estimated £325,562.

This is based on house price inflation of 32.9%, between April 2018 and December 2024, for detached houses, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for 23 MEERSTONE WAY of £245,000 on 12th April 2018. For the value to have increased from £245,000 to £325,562 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of 23 MEERSTONE WAY has moved in line with the HPI for detached houses in the Gloucester local authority area.
• The April 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MEERSTONE WAY has not materially changed since April 2018.

How Large is 23 MEERSTONE WAY?

23 MEERSTONE WAY is 69m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gloucester, and where 23 MEERSTONE WAY lies on this distribution: 5% of detached houses houses are smaller than 23 MEERSTONE WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Gloucester.

23 MEERSTONE WAY: Plot and Title Map

23 MEERSTONE WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 23 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 23 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 23 MEERSTONE WAY?

23 MEERSTONE WAY is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 23 on MEERSTONE WAY.