3, MEERBROOK WAY, QUEDGELEY, GLOUCESTER, GL2 4QE - £289,950

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 MEERBROOK WAY is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £289,950 in December 2017, which was around 10% below the average December 2017 detached price in the Gloucester local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 MEERBROOK WAY Sold Prices

Land registry data shows two sales for 3 MEERBROOK 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. One of the two 3 MEERBROOK WAY sales was for below the average price, whilst the other was for above 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
2017 15 DEC	£289,950	£323,644	10% below HPI
1997 23 MAY	£82,995	£81,445	2% above HPI

3 MEERBROOK 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 3 MEERBROOK WAY sales from May 1997 and December 2017 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 May 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 MEERBROOK WAY?

3 MEERBROOK WAY is 102m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Quedgeley, based on EPC data. The below chart shows the distribution of detached houses by size in Quedgeley, and where 3 MEERBROOK WAY lies on this distribution: 46% of detached houses are smaller than 3 MEERBROOK WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Quedgeley.

3 MEERBROOK WAY: Plot and Title Map

3 MEERBROOK WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 3 MEERBROOK 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 3 MEERBROOK 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 3 MEERBROOK WAY?

3 MEERBROOK WAY is located in QUEDGELEY, in the GL2 postcode district. The below map shows the position of No. 3 on MEERBROOK WAY.