3, MERRETT CLOSE, NORTHWAY, TEWKESBURY, GL20 8SH - £277,500

3 MERRETT CLOSE is a large extended detached house of 120m², built sometime between 2003 and 2006. It was last sold for £277,500 in September 2019, which was around 34% below the average September 2019 detached price in the Tewkesbury local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.

3 MERRETT CLOSE Sold Prices

Land registry data shows three sales for 3 MERRETT 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 Tewkesbury local authority area for the corresponding sale date. All of the three 3 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
2019 10 SEP	£277,500	£423,330	34% below HPI
2009 26 JUN	£180,000	£260,489	31% below HPI
2005 25 AUG	£220,000	£281,264	22% below HPI

3 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 three 3 MERRETT CLOSE sales between August 2005 and September 2019 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 2009 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 MERRETT CLOSE?

3 MERRETT CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in January 2019. 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 3 MERRETT CLOSE lies on this distribution: 77% of detached houses are smaller than 3 MERRETT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Northway.

3 MERRETT CLOSE: Plot and Title Map

3 MERRETT CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 3 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 3 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 3 MERRETT CLOSE?

3 MERRETT CLOSE is located in NORTHWAY, in the GL20 postcode district. The below map shows the position of No. 3 on MERRETT CLOSE.