14, MELROSE DRIVE, CREWE, CW1 3YD - £162,000

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

14 MELROSE DRIVE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £162,000 in June 2021, which was around 60% below the average June 2021 detached price in the Cheshire East local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

14 MELROSE DRIVE Sold Prices

Land registry data shows three sales for 14 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. All of the three 14 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
2021 18 JUN	£162,000	£408,746	60% below HPI
2001 16 JUL	£64,000	£143,881	56% below HPI
1996 20 SEP	£44,500	£100,618	56% below HPI

14 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 three 14 MELROSE DRIVE sales between September 1996 and June 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 July 2001 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the June 2021 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 14 MELROSE DRIVE?

14 MELROSE DRIVE is 66m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 14 MELROSE DRIVE lies on this distribution: 8% of detached houses are smaller than 14 MELROSE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Crewe.

14 MELROSE DRIVE: Plot and Title Map

14 MELROSE DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 14 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 14 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 14 MELROSE DRIVE?

14 MELROSE DRIVE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 14 on MELROSE DRIVE.