23, MERESTONE CLOSE, SOUTHAM, CV47 1GU - £285,000

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 MERESTONE CLOSE is a very large detached house of 144m², built sometime between 1996 and 2002, which could now be worth an estimated £490,041. It was last sold for £285,000 in November 2009, which was around 19% below the average November 2009 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

23 MERESTONE CLOSE Sold Prices

Land registry data shows four sales for 23 MERESTONE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the four 23 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
2009 27 NOV	£285,000	£351,019	19% below HPI
2002 28 FEB	£190,000	£225,801	16% below HPI
2001 21 DEC	£190,000	£228,128	17% below HPI
1999 19 NOV	£161,000	£183,371	12% below HPI

23 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 four 23 MERESTONE CLOSE sales between November 1999 and November 2009 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 February 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2009 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 MERESTONE CLOSE be worth now?

23 MERESTONE CLOSE might now be worth an estimated £490,041.

This is based on house price inflation of 71.9%, between November 2009 and February 2025, 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 71.9% inflationary increase is applied to the most recent sale price for 23 MERESTONE CLOSE of £285,000 on 27th November 2009. For the value to have increased from £285,000 to £490,041 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 MERESTONE CLOSE has moved in line with the HPI for detached houses in the Stratford-on-Avon local authority area.
• The November 2009 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 23 MERESTONE CLOSE has not materially changed since November 2009.

How Large is 23 MERESTONE CLOSE?

23 MERESTONE CLOSE is 144m² according to the EPC inspection conducted in March 2009. This puts it in the largest 20% 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 23 MERESTONE CLOSE lies on this distribution: 82% of detached houses houses are smaller than 23 MERESTONE CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Southam.

23 MERESTONE CLOSE: Plot and Title Map

23 MERESTONE CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 23 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 23 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 23 MERESTONE CLOSE?

23 MERESTONE CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 23 on MERESTONE CLOSE.