2, MELROSE GARDENS, HERSHAM, WALTON-ON-THAMES, KT12 5HF - £695,000

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

2 MELROSE GARDENS is a very small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £695,000 in December 2020, which was around 47% below the average December 2020 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 MELROSE GARDENS Sold Prices

Land registry data shows three sales for 2 MELROSE GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the three 2 MELROSE GARDENS 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
2020 21 DEC	£695,000	£1,299,765	47% below HPI
2002 16 MAY	£235,000	£534,316	56% below HPI
2000 19 APR	£225,000	£424,355	47% below HPI

2 MELROSE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The three 2 MELROSE GARDENS sales between April 2000 and December 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 May 2002 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 2 MELROSE GARDENS?

2 MELROSE GARDENS is 90m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Hersham, based on EPC data. The below chart shows the distribution of detached houses by size in Hersham, and where 2 MELROSE GARDENS lies on this distribution: 16% of detached houses are smaller than 2 MELROSE GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Hersham.

2 MELROSE GARDENS: Plot and Title Map

2 MELROSE GARDENS sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 2 MELROSE GARDENS, 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 GARDENS). 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 GARDENS?

2 MELROSE GARDENS is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 2 on MELROSE GARDENS.