24, MELBOURNE CRESCENT, STAFFORD, ST16 3JU - £195,000

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

24 MELBOURNE CRESCENT is a very small detached house of 64m², built sometime between 1991 and 1995. It was last sold for £195,000 in March 2021, which was around 37% below the average March 2021 detached price in the Stafford local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

24 MELBOURNE CRESCENT Sold Prices

Land registry data shows five sales for 24 MELBOURNE CRESCENT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Stafford local authority area for the corresponding sale date. All of the five 24 MELBOURNE CRESCENT 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
2021 17 MAR	£195,000	£309,288	37% below HPI
2015 4 DEC	£169,950	£259,755	35% below HPI
2013 5 JUN	£135,000	£234,004	42% below HPI
2002 20 MAY	£67,500	£138,054	51% below HPI
1995 31 MAY	£48,500	£74,303	35% below HPI

24 MELBOURNE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stafford local authority area over time, sourced from the HPI. The five 24 MELBOURNE CRESCENT sales between May 1995 and March 2021 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 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 24 MELBOURNE CRESCENT?

24 MELBOURNE CRESCENT is 64m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Stafford, based on EPC data. The below chart shows the distribution of detached houses by size in Stafford, and where 24 MELBOURNE CRESCENT lies on this distribution: 4% of detached houses are smaller than 24 MELBOURNE CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Stafford.

24 MELBOURNE CRESCENT: Plot and Title Map

24 MELBOURNE CRESCENT sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 24 MELBOURNE CRESCENT, 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 24 MELBOURNE CRESCENT). 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 24 MELBOURNE CRESCENT?

24 MELBOURNE CRESCENT is located in STAFFORD, in the ST16 postcode district. The below map shows the position of No. 24 on MELBOURNE CRESCENT.