17, MELROSE DRIVE, ELSTOW, BEDFORD, MK42 9FH - £154,000

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

17 MELROSE DRIVE is a midsized extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £154,000 in March 2001, which was around 9% below the average March 2001 detached price in the Bedford local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

17 MELROSE DRIVE Sold Prices

Land registry data shows two sales for 17 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. One of the two 17 MELROSE DRIVE sales was for below the average price, whilst the other was 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
2001 7 MAR	£154,000	£169,324	9% below HPI
1998 18 DEC	£129,950	£124,059	5% above HPI

17 MELROSE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 17 MELROSE DRIVE sales from December 1998 and March 2001 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 December 1998 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2001 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 17 MELROSE DRIVE?

17 MELROSE DRIVE is 115m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 17 MELROSE DRIVE lies on this distribution: 41% of detached houses are smaller than 17 MELROSE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bedford.

17 MELROSE DRIVE: Plot and Title Map

17 MELROSE DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 17 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 17 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 17 MELROSE DRIVE?

17 MELROSE DRIVE is located in ELSTOW, in the MK42 postcode district. The below map shows the position of No. 17 on MELROSE DRIVE.