MEREDEW, TOMMY TAYLORS LANE, CHELTENHAM, GL50 4NP - £249,999

MEREDEW is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £249,999 in May 2014, which was around 34% below the average May 2014 detached price in the Cheltenham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

MEREDEW Sold Prices

Land registry data shows two sales for MEREDEW 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 MEREDEW 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
2014 16 MAY	£249,999	£378,304	34% below HPI
1998 19 MAY	£108,000	£128,375	16% below HPI

MEREDEW 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 MEREDEW sales from May 1998 and May 2014 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 May 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is MEREDEW?

MEREDEW is 87m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Cheltenham, based on EPC data. The below chart shows the distribution of detached houses by size in Cheltenham, and where MEREDEW lies on this distribution: 15% of detached houses are smaller than MEREDEW, and 85% of houses are larger. Note that EPC data is not available for all properties in Cheltenham.

MEREDEW: Plot and Title Map

MEREDEW sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of MEREDEW, 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 MEREDEW). 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 MEREDEW?

MEREDEW is located on TOMMY TAYLORS LANE in CHELTENHAM, in the GL50 postcode district. The below map shows the position of MEREDEW on TOMMY TAYLORS LANE.