2, MELROSE DRIVE, HEDNESFORD, CANNOCK, WS12 4LU - £270,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 MELROSE DRIVE is a very small semi-detached house of 74m², built sometime between 1976 and 1982. It was last sold for £270,000 in June 2022, which was around 15% below the average June 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

2 MELROSE DRIVE Sold Prices

Land registry data shows four sales for 2 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 2 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
2022 20 JUN	£270,000	£317,582	15% below HPI
2002 26 APR	£89,950	£105,936	15% below HPI
1999 15 OCT	£65,500	£84,015	22% below HPI
1998 3 APR	£53,400	£75,180	29% below HPI

2 MELROSE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The four 2 MELROSE DRIVE sales between April 1998 and June 2022 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 April 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2022 sale, which was also at 15% below the HPI.

How Large is 2 MELROSE DRIVE?

2 MELROSE DRIVE is 74m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 2 MELROSE DRIVE lies on this distribution: 10% of detached houses are smaller than 2 MELROSE DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cannock.

2 MELROSE DRIVE: Plot and Title Map

2 MELROSE DRIVE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 2 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 2 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 2 MELROSE DRIVE?

2 MELROSE DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 2 on MELROSE DRIVE.