MERRAVAY, BROOKFIELD ROAD, CHURCHDOWN, GLOUCESTER, GL3 2PF - £455,000

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

MERRAVAY is a large detached house of 128m², built sometime between 1983 and 1990. It was last sold for £455,000 in October 2018, which was around 6% above the average October 2018 detached price in the Tewkesbury local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

MERRAVAY Sold Prices

Land registry data shows two sales for MERRAVAY 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 MERRAVAY 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
2018 5 OCT	£455,000	£430,553	6% above HPI
2016 26 JUL	£427,000	£383,736	11% above HPI

MERRAVAY 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 MERRAVAY sales from July 2016 and October 2018 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2018 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is MERRAVAY?

MERRAVAY is 128m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Churchdown, based on EPC data. The below chart shows the distribution of detached houses by size in Churchdown, and where MERRAVAY lies on this distribution: 65% of detached houses are smaller than MERRAVAY, and 35% of houses are larger. Note that EPC data is not available for all properties in Churchdown.

MERRAVAY: Plot and Title Map

MERRAVAY sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of MERRAVAY, 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 MERRAVAY). 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 MERRAVAY?

MERRAVAY is located on BROOKFIELD ROAD in CHURCHDOWN, in the GL3 postcode district. The below map shows the position of MERRAVAY on BROOKFIELD ROAD.