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
2A MELROSE AVENUE is a very small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £265,000 in February 2003, which was around 33% above the average February 2003 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2A MELROSE AVENUE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. One of the two 2A MELROSE AVENUE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2003 21 FEB | £265,000 | £198,750 | 33% above HPI |
2002 9 MAY | £135,000 | £158,644 | 15% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 2A MELROSE AVENUE sales from May 2002 and February 2003 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2003 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
2A MELROSE AVENUE is 86m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 2A MELROSE AVENUE lies on this distribution: 9% of detached houses are smaller than 2A MELROSE AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
2A MELROSE AVENUE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2A 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 2A 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.
2A MELROSE AVENUE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 2A on MELROSE AVENUE.