Merestone Close, Southam house prices are built from 68 sales lodged with HM Land Registry, the oldest in 1999 and the most recent on 30 Aug 2024. The median price paid across the whole record is £191,000.
Median price paid
£191,000
Median per m²
£1,339
HM Land Registry68 sales6 with floor areaLatest sale 30 Aug 2024
Section 01
How Merestone Close, Southam prices moved
There are too few years of sales in Merestone Close, Southam to plot a trend line. The figures below are drawn from the whole record rather than a yearly series.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 33 | 30 Aug 2024 | Semi-detached | £595,000 | £626,082 |
| 31 | 24 Jun 2021 | Semi-detached | £480,000 | £606,452 |
| 16 | 10 Dec 2020 | Detached | £375,000 | £485,537 |
| 31 | 14 Aug 2020 | Semi-detached | £420,000 | £543,802 |
| 14 | 29 Aug 2019 | Detached | £465,000 | £608,210 |
| 8 | 31 May 2019 | Detached | £307,500 | £402,203 |
| 16 | 5 Jan 2018 | Detached | £365,000 | £486,437 |
| 2 | 3 Feb 2017 | Detached | £325,755 | £443,354 |
| 28 | 10 Jun 2016 | Detached | £340,000 | £474,653 |
| 14 | 27 Nov 2015 | Detached | £385,000 | £542,850 |
| 5 | 30 Jun 2015 | Detached | £338,000 | £476,580 |
| 27 | 11 Jun 2014 | Detached | £362,500 | £519,964 |
| 24 | 23 Apr 2014 | Detached | £275,000 | £394,456 |
| 10 | 12 Dec 2013 | Semi-detached | £169,950 | £247,807 |
| 8 | 21 Jun 2013 | Detached | £265,000 | £386,401 |
| 6 | 31 May 2013 | Detached | £360,000 | £524,922 |
| 26 | 5 Oct 2012 | Detached | £360,000 | £537,712 |
| 24 | 7 Sep 2012 | Detached | £250,000 | £373,411 |
| 30 | 27 Jul 2012 | Detached | £280,000 | £418,220 |
| 6 | 7 Jan 2011 | Detached | £321,000 | £491,967 |
| 18 | 19 Jul 2010 | Detached | £249,950 | £399,127 |
| 25 | 4 Jun 2010 | Semi-detached | £291,000 | £464,677 |
| 23 | 27 Nov 2009 | Detached | £285,000 | £468,357 |
| 29 | 22 May 2008 | Semi-detached | £275,000 | £461,607 |
| 11 | 4 Jan 2008 | Detached | £275,000 | £461,607 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Merestone Close, Southam values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 33 Merestone Close | £195,000 (2000) | £595,000 (2024) | +4.8% | +2.0% |
| 31 Merestone Close | £147,500 (2000) | £480,000 (2021) | +5.8% | +3.5% |
| 16 Merestone Close | £126,250 (1999) | £375,000 (2020) | +5.3% | +3.1% |
| 14 Merestone Close | £141,000 (1999) | £465,000 (2019) | +6.1% | +3.8% |
| 8 Merestone Close | £104,950 (1998) | £307,500 (2019) | +5.3% | +3.0% |
| 2 Merestone Close | £134,500 (1999) | £325,755 (2017) | +5.0% | +2.7% |
| 28 Merestone Close | £112,500 (1999) | £340,000 (2016) | +6.7% | +4.4% |
| 5 Merestone Close | £149,000 (1999) | £338,000 (2015) | +5.3% | +2.9% |
| 27 Merestone Close | £146,162 (2000) | £362,500 (2014) | +6.7% | +4.2% |
| 24 Merestone Close | £129,950 (2000) | £275,000 (2014) | +5.5% | +3.0% |
| 10 Merestone Close | £164,250 (2006) | £169,950 (2013) | +0.5% | -2.3% |
| 6 Merestone Close | £175,000 (1999) | £360,000 (2013) | +5.3% | +2.8% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Merestone Close, Southam is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Detached | 55 | 80.9% | £190,000 | £104,950 – £465,000 |
| Semi-detached | 13 | 19.1% | £195,000 | £146,250 – £595,000 |
Section 06
Ownership and new build in Merestone Close, Southam
1 of the sales on record are leasehold and 67 freehold — 1.5% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £169,950 and the median freehold sale £192,000 — a gap of +13.0%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 1 | 1.5% | £169,950 |
| Freehold | 67 | 98.5% | £192,000 |
| New build | 28 | 41.2% | £141,317 |
| Existing home | 40 | 58.8% | £275,000 |
New builds sold for less than the median existing home — -48.6%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 1 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in Merestone Close, Southam
Every certificate carries an energy efficiency band as well as a floor area. Across Rugby, 51.3% of 54,062 certificates sit in bands A to C, and 3.5% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 586 | 1.1% |
| B | 10,346 | 19.1% |
| C | 16,791 | 31.1% |
| D | 18,096 | 33.5% |
| E | 6,327 | 11.7% |
| F | 1,524 | 2.8% |
| G | 392 | 0.7% |
The Office for National Statistics puts the mean private rent in Rugby at £1,042 a month as of Jun 2026 — £750 for a one-bedroom home and £1,115 for three bedrooms.
Against the median sale of £191,000 here, that rent is a gross yield of 6.55% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of CV47, 13 crimes were recorded in Jun 2026: 4 violent, 0 burglary, 1 vehicle-related and 3 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is 12.8 times quieter.
Against the 114,363 residents the 2021 census counted in Rugby, that is 0.11 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around Merestone Close, Southam
The 2021 census counted 114,363 residents in Rugby across 47,015 households. 68.9% of those households own their home and 30.9% rent — a split the sold record cannot show, because only owners appear in it.
11 state and independent schools have a CV47 postcode: 10 primary, 1 secondary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Southam College | Secondary | Academy converter | 1,637 |
| Southam Primary School | Primary | Academy converter | 412 |
| Bishops Itchington Primary School | Primary | Academy converter | 232 |
| St Lawrence CofE (Voluntary Aided) Primary School | Primary | Voluntary aided school | 199 |
| Long Itchington CofE Academy | Primary | Academy converter | 179 |
| St Mary's Catholic Primary School, Southam | Primary | Academy converter | 150 |
| Southam St James CofE Academy | Primary | Academy converter | 149 |
| Stockton Primary School | Primary | Academy converter | 149 |
| Temple Herdewyke Primary School | Primary | Academy converter | 107 |
| The Dassett CofE Primary School | Primary | Voluntary controlled school | 102 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Leamington Spa Rail Station | Rail | 11.6 km |
| Warwick Rail Station | Rail | 14.5 km |
| Warwick Parkway Rail Station | Rail | 16.4 km |
| Kenilworth Rail Station | Rail | 17.5 km |
Section 09
How Merestone Close, Southam compares
The median across the whole archive is £157,500. Merestone Close, Southam sits above that national figure — +21.3%.
Within Southam the street ranks 204 of 328 by median price, and its median is below the town figure of £208,000 (-8.2%).
Where an EPC floor area could be matched to the sale, the median works out at £1,339 per square metre, across 6 of the 68 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £104,950 to £595,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Merestone Close, Southam sits in Rugby, in the West Midlands.
The Office for National Statistics puts the median home in Rugby at 6.9 times median local earnings of £42,966 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- Flying Fields Road£154,000 median
- Banbury Road£144,500 median
- High Street£220,000 median
- Barkus Close£146,000 median
- Pound Way£129,000 median
- The Furrows£102,500 median
- Stowe Drive£188,250 median
- The Model Village£154,000 median
- St Wulstan Way£156,000 median
- Millholme Close£218,000 median
- Meldrum Court£127,975 median
- Dale Close£164,995 median
- Laurel Drive£176,000 median
- Warwick Road£299,950 median
- Spitfire Road£314,995 median
- Chapel Street£180,250 median
Addresses with more than one recorded sale
- 23 Merestone Close4 sales
- 31 Merestone Close3 sales
- 16 Merestone Close3 sales
- 14 Merestone Close3 sales
- 8 Merestone Close3 sales
- 27 Merestone Close3 sales
- 24 Merestone Close3 sales
- 6 Merestone Close3 sales
- 30 Merestone Close3 sales
- 18 Merestone Close3 sales
- 29 Merestone Close3 sales
- 21 Merestone Close3 sales
- 33 Merestone Close2 sales
- 2 Merestone Close2 sales
- 28 Merestone Close2 sales
- 5 Merestone Close2 sales
- 10 Merestone Close2 sales
- 26 Merestone Close2 sales
- 25 Merestone Close2 sales
- 11 Merestone Close2 sales
- 17 Merestone Close2 sales
- 3 Merestone Close2 sales
- 22 Merestone Close2 sales
- 20 Merestone Close2 sales
Back to Southam house prices.
Quick answers
Common questions about this data
What is the average house price in Merestone Close, Southam?
The median price paid in Merestone Close, Southam across every sale on the register is £191,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Merestone Close, Southam?
68 sales are on record for Merestone Close, Southam, the most recent completing on 30 Aug 2024. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
When were Merestone Close, Southam house prices at their highest?
The highest yearly median on record is £147,500, set in 2000. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Merestone Close, Southam?
£1,339 per square metre, from the 6 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 30 Aug 2024. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Merestone Close, Southam house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.