20, MELROSE DRIVE, HEDNESFORD, CANNOCK, WS12 4LU - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

20 MELROSE DRIVE is a very large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £325,000 in July 2018, which was around 35% above the average July 2018 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

20 MELROSE DRIVE Sold Prices

Land registry data shows four sales for 20 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. Most of the four 20 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
2018 24 JUL	£325,000	£240,048	35% above HPI
2002 26 JUL	£117,500	£120,305	2% below HPI
1999 14 MAY	£79,950	£82,145	3% below HPI
1997 28 MAY	£71,000	£71,390	1% below HPI

20 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 20 MELROSE DRIVE sales between May 1997 and July 2018 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 July 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 20 MELROSE DRIVE?

20 MELROSE DRIVE is 182m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 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 20 MELROSE DRIVE lies on this distribution: 95% of detached houses are smaller than 20 MELROSE DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Cannock.

20 MELROSE DRIVE: Plot and Title Map

20 MELROSE DRIVE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 20 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 20 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 20 MELROSE DRIVE?

20 MELROSE DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 20 on MELROSE DRIVE.