15, MELIA DRIVE, WEDNESBURY, WS10 0QE - £270,000

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

15 MELIA DRIVE is a large detached house of 107m², built sometime from 2007 onwards. It was last sold for £270,000 in August 2021, which was around 7% below the average August 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

15 MELIA DRIVE Sold Prices

Land registry data shows three sales for 15 MELIA 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 Sandwell local authority area for the corresponding sale date. One of the three 15 MELIA DRIVE sales was for below the average price, whilst two were for above 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 27 AUG	£270,000	£290,999	7% below HPI
2010 2 MAR	£181,000	£179,866	1% above HPI
2007 26 OCT	£237,450	£200,863	18% above HPI

15 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 three 15 MELIA DRIVE sales between October 2007 and August 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 March 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 15 MELIA DRIVE?

15 MELIA DRIVE is 107m² according to the EPC inspection conducted in November 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 15 MELIA DRIVE lies on this distribution: 62% of detached houses are smaller than 15 MELIA DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

15 MELIA DRIVE: Plot and Title Map

15 MELIA DRIVE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 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 15 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 15 MELIA DRIVE?

15 MELIA DRIVE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 15 on MELIA DRIVE.