8, MERESTONE CLOSE, SOUTHAM, CV47 1GU - £307,500

8 MERESTONE CLOSE is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £307,500 in May 2019, which was around 36% below the average May 2019 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 MERESTONE CLOSE Sold Prices

Land registry data shows three sales for 8 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 8 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
2019 31 MAY	£307,500	£476,871	36% below HPI
2013 21 JUN	£265,000	£370,012	28% below HPI
1998 28 OCT	£104,950	£158,869	34% below HPI

8 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 8 MERESTONE CLOSE sales between October 1998 and May 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 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 8 MERESTONE CLOSE?

8 MERESTONE CLOSE is 56m² according to the EPC inspection conducted in June 2012. 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 8 MERESTONE CLOSE lies on this distribution: 1% of detached houses are smaller than 8 MERESTONE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Southam.

8 MERESTONE CLOSE: Plot and Title Map

8 MERESTONE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 8 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 8 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 8 MERESTONE CLOSE?

8 MERESTONE CLOSE is located in SOUTHAM, in the CV47 postcode district. The below map shows the position of No. 8 on MERESTONE CLOSE.