5, MERRETT CLOSE, NORTHWAY, TEWKESBURY, GL20 8SH - £222,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 MERRETT CLOSE is a midsized semi-detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £271,998. It was last sold for £222,000 in August 2020, which was around 13% below the average August 2020 semi-detached price in the Tewkesbury local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

5 MERRETT CLOSE Sold Prices

Land registry data shows three sales for 5 MERRETT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Tewkesbury local authority area for the corresponding sale date. All of the three 5 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
2020 17 AUG	£222,000	£254,773	13% below HPI
2018 20 JUL	£210,000	£245,965	15% below HPI
2014 25 JUL	£171,000	£194,566	12% below HPI

5 MERRETT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 5 MERRETT CLOSE sales between July 2014 and August 2020 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 July 2018 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 MERRETT CLOSE be worth now?

5 MERRETT CLOSE might now be worth an estimated £271,998.

This is based on house price inflation of 22.5%, between August 2020 and February 2025, for semi-detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for 5 MERRETT CLOSE of £222,000 on 17th August 2020. For the value to have increased from £222,000 to £271,998 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 5 MERRETT CLOSE has moved in line with the HPI for semi-detached houses in the Tewkesbury local authority area.
• The August 2020 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERRETT CLOSE has not materially changed since August 2020.

How Large is 5 MERRETT CLOSE?

5 MERRETT CLOSE is 88m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% of semi-detached houses houses in Northway, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Northway, and where 5 MERRETT CLOSE lies on this distribution: 44% of semi-detached houses houses are smaller than 5 MERRETT CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Northway.

5 MERRETT CLOSE: Plot and Title Map

5 MERRETT CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 5 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 5 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 5 MERRETT CLOSE?

5 MERRETT CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 5 on MERRETT CLOSE.