4, MERRETT CLOSE, NORTHWAY, TEWKESBURY, GL20 8SH - £317,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 MERRETT CLOSE is a very large detached house of 151m², built sometime between 2003 and 2006. It was last sold for £317,500 in January 2021, which was around 30% below the average January 2021 detached price in the Tewkesbury local authority area. The most recent EPC inspection was May 2010, where the current energy rating was C, and the potential energy rating was C.

4 MERRETT CLOSE Sold Prices

Land registry data shows two sales for 4 MERRETT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 4 MERRETT 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
2021 29 JAN	£317,500	£456,312	30% below HPI
2003 10 OCT	£198,000	£251,344	21% below HPI

4 MERRETT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 4 MERRETT CLOSE sales from October 2003 and January 2021 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 October 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 MERRETT CLOSE?

4 MERRETT CLOSE is 151m² according to the EPC inspection conducted in May 2010. This puts it in the largest 10% of detached houses in Northway, based on EPC data. The below chart shows the distribution of detached houses by size in Northway, and where 4 MERRETT CLOSE lies on this distribution: 96% of detached houses are smaller than 4 MERRETT CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Northway.

4 MERRETT CLOSE: Plot and Title Map

4 MERRETT CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 4 MERRETT 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 4 MERRETT 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 4 MERRETT CLOSE?

4 MERRETT CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 4 on MERRETT CLOSE.