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
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 26% 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.
Land registry data shows two sales for 23 MEERSTONE WAY since 1st 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 | £330,772 | 26% below HPI |
2011 1 SEP | £168,500 | £226,516 | 26% below HPI |
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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2018 sale, which was also at 26% below the HPI.
23 MEERSTONE WAY is 69m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Gloucester, based on EPC data. The below chart shows the distribution of detached houses by size in Gloucester, and where 23 MEERSTONE WAY lies on this distribution: 5% of detached 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 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.
23 MEERSTONE WAY is located in ABBEYDALE, in the GL4 postcode district. The below map shows the position of No. 23 on MEERSTONE WAY.