9, MERESTONES DRIVE, CHELTENHAM, GL50 2SU - £310,000

9 MERESTONES DRIVE is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £310,000 in March 2006, which was around 4% below the average March 2006 detached price in the Cheltenham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

9 MERESTONES DRIVE Sold Prices

Land registry data shows two sales for 9 MERESTONES DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheltenham local authority area for the corresponding sale date. Both of the two 9 MERESTONES DRIVE 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
2006 14 MAR	£310,000	£322,587	4% below HPI
2004 11 FEB	£132,000	£281,003	53% below HPI

9 MERESTONES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheltenham local authority area over time, sourced from the HPI. The two 9 MERESTONES DRIVE sales from February 2004 and March 2006 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 February 2004 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2006 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 9 MERESTONES DRIVE?

9 MERESTONES DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where 9 MERESTONES DRIVE lies on this distribution: 31% of detached houses are smaller than 9 MERESTONES DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

9 MERESTONES DRIVE: Plot and Title Map

9 MERESTONES DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 9 MERESTONES DRIVE, 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 9 MERESTONES DRIVE). 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 9 MERESTONES DRIVE?

9 MERESTONES DRIVE is located in CHELTENHAM, in the GL50 postcode district. The below map shows the position of No. 9 on MERESTONES DRIVE.