8, MERRETTS ORCHARD, SLIMBRIDGE, GLOUCESTER, GL2 7DS - £640,000

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.

8 MERRETTS ORCHARD is a large detached house of 191m², built sometime between 1996 and 2002, which could now be worth an estimated £756,525. It was last sold for £640,000 in March 2021, which was around 40% above the average March 2021 detached price in the Stroud local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

8 MERRETTS ORCHARD Sold Prices

Land registry data shows two sales for 8 MERRETTS ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stroud local authority area for the corresponding sale date. Both of the two 8 MERRETTS ORCHARD sales were 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
2021 19 MAR	£640,000	£456,814	40% above HPI
2001 1 MAY	£315,000	£178,170	77% above HPI

8 MERRETTS ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stroud local authority area over time, sourced from the HPI. The two 8 MERRETTS ORCHARD sales from May 2001 and March 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 May 2001 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the March 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 8 MERRETTS ORCHARD be worth now?

8 MERRETTS ORCHARD might now be worth an estimated £756,525.

This is based on house price inflation of 18.2%, between March 2021 and February 2025, for 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 18.2% inflationary increase is applied to the most recent sale price for 8 MERRETTS ORCHARD of £640,000 on 19th March 2021. For the value to have increased from £640,000 to £756,525 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 MERRETTS ORCHARD has moved in line with the HPI for detached houses in the Stroud local authority area.
• The March 2021 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MERRETTS ORCHARD has not materially changed since March 2021.

How Large is 8 MERRETTS ORCHARD?

8 MERRETTS ORCHARD is 191m² according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of detached houses houses in Slimbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slimbridge, and where 8 MERRETTS ORCHARD lies on this distribution: 80% of detached houses houses are smaller than 8 MERRETTS ORCHARD, and 20% of houses are larger. Note that EPC data is not available for all properties in Slimbridge.

8 MERRETTS ORCHARD: Plot and Title Map

8 MERRETTS ORCHARD sits on a plot of roughly 0.145 of an acre, or 587m². The below map shows the location of 8 MERRETTS ORCHARD, 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 8 MERRETTS ORCHARD). 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 8 MERRETTS ORCHARD?

8 MERRETTS ORCHARD is located in SLIMBRIDGE, in the GL2 postcode district. The below map shows the position of No. 8 on MERRETTS ORCHARD.