23, MELBOURNE DRIVE, STONEHOUSE, GL10 2PJ - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 MELBOURNE DRIVE is a very small semi-detached house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £277,554. It was last sold for £180,000 in April 2015, which was around 16% below the average April 2015 semi-detached price in the Stroud local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

23 MELBOURNE DRIVE Sold Prices

Land registry data shows two sales for 23 MELBOURNE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Stroud local authority area for the corresponding sale date. Both of the two 23 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
2015 10 APR	£180,000	£214,220	16% below HPI
2006 28 APR	£145,000	£182,564	21% below HPI

23 MELBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stroud local authority area over time, sourced from the HPI. The two 23 MELBOURNE DRIVE sales from April 2006 and April 2015 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 April 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 23 MELBOURNE DRIVE be worth now?

23 MELBOURNE DRIVE might now be worth an estimated £277,554.

This is based on house price inflation of 54.2%, between April 2015 and February 2025, for semi-detached houses, in the Stroud local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.2% inflationary increase is applied to the most recent sale price for 23 MELBOURNE DRIVE of £180,000 on 10th April 2015. For the value to have increased from £180,000 to £277,554 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 23 MELBOURNE DRIVE has moved in line with the HPI for semi-detached houses in the Stroud local authority area.
• The April 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MELBOURNE DRIVE has not materially changed since April 2015.

How Large is 23 MELBOURNE DRIVE?

23 MELBOURNE DRIVE is 51m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of semi-detached houses houses in Stonehouse, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stonehouse, and where 23 MELBOURNE DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 23 MELBOURNE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stonehouse.

23 MELBOURNE DRIVE: Plot and Title Map

23 MELBOURNE DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 23 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 23 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 23 MELBOURNE DRIVE?

23 MELBOURNE DRIVE is located in STONEHOUSE, in the GL10 postcode district. The below map shows the position of No. 23 on MELBOURNE DRIVE.