11, MELROSE DRIVE, CREWE, CW1 3YD - £150,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 MELROSE DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £150,000 in June 2017, which was around 55% below the average June 2017 detached price in the Cheshire East local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

11 MELROSE DRIVE Sold Prices

Land registry data shows four sales for 11 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the four 11 MELROSE 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 23 JUN	£150,000	£335,269	55% below HPI
2013 8 JUL	£124,500	£285,322	56% below HPI
1997 14 MAR	£48,000	£99,319	52% below HPI
1995 31 MAR	£47,950	£95,485	50% below HPI

11 MELROSE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The four 11 MELROSE DRIVE sales between March 1995 and June 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 July 2013 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2017 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 11 MELROSE DRIVE?

11 MELROSE DRIVE is 74m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 11 MELROSE DRIVE lies on this distribution: 14% of detached houses are smaller than 11 MELROSE DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Crewe.

11 MELROSE DRIVE: Plot and Title Map

11 MELROSE DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 11 MELROSE 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 11 MELROSE 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 11 MELROSE DRIVE?

11 MELROSE DRIVE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 11 on MELROSE DRIVE.