10, MERRETT CLOSE, NORTHWAY, TEWKESBURY, GL20 8SH - £270,000

10 MERRETT CLOSE is a large extended detached house of 117m², built sometime between 2003 and 2006. It was last sold for £270,000 in May 2016, which was around 29% below the average May 2016 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

10 MERRETT CLOSE Sold Prices

Land registry data shows four sales for 10 MERRETT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. All of the four 10 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
2016 13 MAY	£270,000	£379,097	29% below HPI
2007 1 JUN	£240,000	£312,898	23% below HPI
2005 23 SEP	£224,000	£288,959	22% below HPI
2003 20 JUN	£194,000	£247,852	22% below HPI

10 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 four 10 MERRETT CLOSE sales between June 2003 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 10 MERRETT CLOSE?

10 MERRETT CLOSE is 117m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Northway, based on EPC data. The below chart shows the distribution of detached houses by size in Northway, and where 10 MERRETT CLOSE lies on this distribution: 75% of detached houses are smaller than 10 MERRETT CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Northway.

10 MERRETT CLOSE: Plot and Title Map

10 MERRETT CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 10 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 10 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 10 MERRETT CLOSE?

10 MERRETT CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 10 on MERRETT CLOSE.