14, MELFORT ROAD, THORNTON HEATH, CR7 7RL - £295,750

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.

14 MELFORT ROAD is a very small semi-detached house of 55m², built sometime between 1930 and 1949, which could now be worth an estimated £325,800. It was last sold for £295,750 in June 2020, which was around 41% below the average June 2020 semi-detached price in the Croydon local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

14 MELFORT ROAD Sold Prices

Land registry data shows five sales for 14 MELFORT ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Croydon local authority area for the corresponding sale date. All of the five 14 MELFORT ROAD 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 4 JUN	£295,750	£500,515	41% below HPI
2017 12 JUN	£242,000	£483,360	50% below HPI
2017 29 MAR	£202,500	£479,498	58% below HPI
2006 24 NOV	£172,500	£274,139	37% below HPI
2001 15 NOV	£93,000	£180,422	48% below HPI

14 MELFORT ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Croydon local authority area over time, sourced from the HPI. The five 14 MELFORT ROAD sales between November 2001 and June 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 June 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2020 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 14 MELFORT ROAD be worth now?

14 MELFORT ROAD might now be worth an estimated £325,800.

This is based on house price inflation of 10.2%, between June 2020 and February 2025, for semi-detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 14 MELFORT ROAD of £295,750 on 4th June 2020. For the value to have increased from £295,750 to £325,800 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 14 MELFORT ROAD has moved in line with the HPI for semi-detached houses in the Croydon local authority area.
• The June 2020 sale price of £295,750 represented a fair market value for the property.
• The size, condition, and specification of 14 MELFORT ROAD has not materially changed since June 2020.

How Large is 14 MELFORT ROAD?

14 MELFORT ROAD is 55m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 14 MELFORT ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 14 MELFORT ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in London.

14 MELFORT ROAD: Plot and Title Map

14 MELFORT ROAD sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 14 MELFORT ROAD, 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 14 MELFORT ROAD). 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 14 MELFORT ROAD?

14 MELFORT ROAD is located in THORNTON HEATH, in the CR7 postcode district. The below map shows the position of No. 14 on MELFORT ROAD.