1, MELIA DRIVE, WEDNESBURY, WS10 0QE - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MELIA DRIVE is a large detached house of 106m², built sometime from 2007 onwards. It was last sold for £170,000 in December 2017, which was around 26% below the average December 2017 detached price in the Sandwell local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

1 MELIA DRIVE Sold Prices

Land registry data shows two sales for 1 MELIA 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 Sandwell local authority area for the corresponding sale date. Both of the two 1 MELIA 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
2017 1 DEC	£170,000	£229,450	26% below HPI
2007 28 SEP	£191,550	£201,064	5% below HPI

1 MELIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 1 MELIA DRIVE sales from September 2007 and December 2017 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 September 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 MELIA DRIVE?

1 MELIA DRIVE is 106m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 1 MELIA DRIVE lies on this distribution: 61% of detached houses are smaller than 1 MELIA DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

1 MELIA DRIVE: Plot and Title Map

1 MELIA DRIVE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 1 MELIA 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 1 MELIA 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 1 MELIA DRIVE?

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