1, MELROSE WALK, TEWKESBURY, GL20 5FW - £350,000

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 MELROSE WALK is a midsized detached house of 122m², built sometime from 2007 onwards, which could now be worth an estimated £416,287. It was last sold for £350,000 in October 2020, which was around 18% below the average October 2020 detached price in the Tewkesbury local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

1 MELROSE WALK Sold Prices

Land registry data shows two sales for 1 MELROSE WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two 1 MELROSE WALK 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
2020 12 OCT	£350,000	£427,345	18% below HPI
2009 23 JAN	£249,950	£253,065	1% below HPI

1 MELROSE WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two 1 MELROSE WALK sales from January 2009 and October 2020 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 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 MELROSE WALK be worth now?

1 MELROSE WALK might now be worth an estimated £416,287.

This is based on house price inflation of 18.9%, between October 2020 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 1 MELROSE WALK of £350,000 on 12th October 2020. For the value to have increased from £350,000 to £416,287 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 MELROSE WALK has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MELROSE WALK has not materially changed since October 2020.

How Large is 1 MELROSE WALK?

1 MELROSE WALK is 122m² according to the EPC inspection conducted in June 2020. This puts it in the largest 50% of detached houses houses in Tewkesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tewkesbury, and where 1 MELROSE WALK lies on this distribution: 55% of detached houses houses are smaller than 1 MELROSE WALK, and 44% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

1 MELROSE WALK: Plot and Title Map

1 MELROSE WALK sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 1 MELROSE WALK, 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 MELROSE WALK). 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 MELROSE WALK?

1 MELROSE WALK is located in TEWKESBURY, in the GL20 postcode district. The below map shows the position of No. 1 on MELROSE WALK.