16, MELIA DRIVE, WEDNESBURY, WS10 0QE - £170,000

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.

16 MELIA DRIVE is a midsized extended semi-detached house of 99m², built sometime from 2007 onwards, which could now be worth an estimated £232,066. It was last sold for £170,000 in September 2020, which was around 7% above the average September 2020 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

16 MELIA DRIVE Sold Prices

Land registry data shows three sales for 16 MELIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the three 16 MELIA DRIVE sales 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
2020 21 SEP	£170,000	£159,200	7% above HPI
2019 29 NOV	£175,000	£158,834	10% above HPI
2009 11 DEC	£161,500	£113,128	43% above HPI

16 MELIA DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 16 MELIA DRIVE sales between December 2009 and September 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 November 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 16 MELIA DRIVE be worth now?

16 MELIA DRIVE might now be worth an estimated £232,066.

This is based on house price inflation of 36.5%, between September 2020 and February 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 16 MELIA DRIVE of £170,000 on 21st September 2020. For the value to have increased from £170,000 to £232,066 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 16 MELIA DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The September 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MELIA DRIVE has not materially changed since September 2020.

How Large is 16 MELIA DRIVE?

16 MELIA DRIVE is 99m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of semi-detached houses houses in Wednesbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wednesbury, and where 16 MELIA DRIVE lies on this distribution: 52% of semi-detached houses houses are smaller than 16 MELIA DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

16 MELIA DRIVE: Plot and Title Map

16 MELIA DRIVE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 16 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 16 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 16 MELIA DRIVE?

16 MELIA DRIVE is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 16 on MELIA DRIVE.