MERRY MEAD, SOUTHAM LANE, SOUTHAM, CHELTENHAM, GL52 3NY - £490,000

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

MERRY MEAD is a midsized extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £490,000 in May 2016, which was around 29% above the average May 2016 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

MERRY MEAD Sold Prices

Land registry data shows two sales for MERRY MEAD 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 MERRY MEAD 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
2016 5 MAY	£490,000	£379,097	29% above HPI
2006 18 DEC	£450,000	£303,196	48% above HPI

MERRY MEAD 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 MERRY MEAD sales from December 2006 and May 2016 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 December 2006 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2016 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is MERRY MEAD?

MERRY MEAD is 164m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where MERRY MEAD lies on this distribution: 56% of detached houses are smaller than MERRY MEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Southam.

MERRY MEAD: Plot and Title Map

MERRY MEAD sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of MERRY MEAD, 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 MERRY MEAD). 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 MERRY MEAD?

MERRY MEAD is located on SOUTHAM LANE in SOUTHAM, in the GL52 postcode district. The below map shows the position of MERRY MEAD on SOUTHAM LANE.