1, MELFORD MEWS, WEDNESBURY, WS10 9LT - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MELFORD MEWS is a midsized semi-detached house of 93m², built sometime between 2003 and 2006, which could now be worth an estimated £215,990. It was last sold for £170,000 in March 2021, which was about the average March 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 MELFORD MEWS Sold Prices

Land registry data shows two sales for 1 MELFORD MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. One of the two 1 MELFORD MEWS sales was roughly equal to the average price, whilst the other was for above 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
2021 26 MAR	£170,000	£170,185	Close to HPI
2007 21 JAN	£160,500	£124,219	29% above HPI

1 MELFORD MEWS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 1 MELFORD MEWS sales from January 2007 and March 2021 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 January 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 MELFORD MEWS be worth now?

1 MELFORD MEWS might now be worth an estimated £215,990.

This is based on house price inflation of 27.1%, between March 2021 and March 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.1% inflationary increase is applied to the most recent sale price for 1 MELFORD MEWS of £170,000 on 26th March 2021. For the value to have increased from £170,000 to £215,990 over the four years to March 2025, the following assumptions must hold true:

• The value of 1 MELFORD MEWS has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The March 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELFORD MEWS has not materially changed since March 2021.

How Large is 1 MELFORD MEWS?

1 MELFORD MEWS is 93m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of semi-detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wednesbury, and where 1 MELFORD MEWS lies on this distribution: 44% of semi-detached houses houses are smaller than 1 MELFORD MEWS, and 55% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1 MELFORD MEWS: Plot and Title Map

1 MELFORD MEWS sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 1 MELFORD MEWS, 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 1 MELFORD MEWS). 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 1 MELFORD MEWS?

1 MELFORD MEWS is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 1 on MELFORD MEWS.