3, MELFORD MEWS, WEDNESBURY, WS10 9LT - £295,000

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

3 MELFORD MEWS is a very large detached house of 133m², built sometime between 2003 and 2006. It was last sold for £295,000 in August 2018, which was around 21% above the average August 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

3 MELFORD MEWS Sold Prices

Land registry data shows two sales for 3 MELFORD MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 3 MELFORD MEWS sales were for above 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 31 AUG	£295,000	£243,728	21% above HPI
2007 23 APR	£289,000	£192,116	50% above HPI

3 MELFORD MEWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 3 MELFORD MEWS sales from April 2007 and August 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 April 2007 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the August 2018 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 MELFORD MEWS?

3 MELFORD MEWS is 133m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% of detached houses in Wednesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wednesbury, and where 3 MELFORD MEWS lies on this distribution: 81% of detached houses are smaller than 3 MELFORD MEWS, and 19% of houses are larger. Note that EPC data is not available for all properties in Wednesbury.

3 MELFORD MEWS: Plot and Title Map

3 MELFORD MEWS sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 3 MELFORD MEWS, 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 3 MELFORD MEWS). 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 3 MELFORD MEWS?

3 MELFORD MEWS is located in WEDNESBURY, in the WS10 postcode district. The below map shows the position of No. 3 on MELFORD MEWS.