16, MERESTONE CLOSE, SOUTHAM, CV47 1GU - £375,000

16 MERESTONE CLOSE is a very small detached house of 84m², built sometime between 2003 and 2006. It was last sold for £375,000 in December 2020, which was around 24% below the average December 2020 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

16 MERESTONE CLOSE Sold Prices

Land registry data shows three sales for 16 MERESTONE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Stratford-on-Avon local authority area for the corresponding sale date. All of the three 16 MERESTONE 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 10 DEC	£375,000	£495,307	24% below HPI
2018 5 JAN	£365,000	£482,410	24% below HPI
1999 29 OCT	£126,250	£175,333	28% below HPI

16 MERESTONE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The three 16 MERESTONE CLOSE sales between October 1999 and December 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 January 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2020 sale, which was also at 24% below the HPI.

How Large is 16 MERESTONE CLOSE?

16 MERESTONE CLOSE is 84m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where 16 MERESTONE CLOSE lies on this distribution: 10% of detached houses are smaller than 16 MERESTONE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Southam.

16 MERESTONE CLOSE: Plot and Title Map

16 MERESTONE CLOSE sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 16 MERESTONE 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 16 MERESTONE 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 16 MERESTONE CLOSE?

16 MERESTONE CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 16 on MERESTONE CLOSE.