18, MELROSE AVENUE, STOURBRIDGE, DY8 2LE - £320,000

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

18 MELROSE AVENUE is a large detached house of 136m². It was last sold for £320,000 in April 2012, which was around 66% above the average April 2012 detached price in the Dudley local authority area. The most recent EPC inspection was November 2009, where the current energy rating was E, and the potential energy rating was D.

18 MELROSE AVENUE Sold Prices

Land registry data shows three sales for 18 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 18 MELROSE AVENUE 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
2012 27 APR	£320,000	£192,735	66% above HPI
2005 18 MAR	£375,000	£189,726	98% above HPI
2001 23 FEB	£178,000	£106,638	67% above HPI

18 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 18 MELROSE AVENUE sales between February 2001 and April 2012 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 2005 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the April 2012 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 18 MELROSE AVENUE?

18 MELROSE AVENUE is 136m² according to the EPC inspection conducted in November 2009. This puts it in the largest 40% of detached houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 18 MELROSE AVENUE lies on this distribution: 68% of detached houses are smaller than 18 MELROSE AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

18 MELROSE AVENUE: Plot and Title Map

18 MELROSE AVENUE sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 18 MELROSE AVENUE, 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 18 MELROSE AVENUE). 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 18 MELROSE AVENUE?

18 MELROSE AVENUE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 18 on MELROSE AVENUE.