3, MELROSE ROAD, KIRKBY, LIVERPOOL, L33 1ED - £193,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MELROSE ROAD is a very small detached house of 64m², built sometime between 1976 and 1982, which could now be worth an estimated £229,154. It was last sold for £193,000 in June 2022, which was around 28% below the average June 2022 detached price in the Knowsley local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

3 MELROSE ROAD Sold Prices

Land registry data shows two sales for 3 MELROSE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Knowsley local authority area for the corresponding sale date. Both of the two 3 MELROSE ROAD 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
2022 24 JUN	£193,000	£269,838	28% below HPI
2018 31 JUL	£124,950	£210,520	41% below HPI

3 MELROSE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Knowsley local authority area over time, sourced from the HPI. The two 3 MELROSE ROAD sales from July 2018 and June 2022 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 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the June 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 3 MELROSE ROAD be worth now?

3 MELROSE ROAD might now be worth an estimated £229,154.

This is based on house price inflation of 18.7%, between June 2022 and February 2025, for detached houses, in the Knowsley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 3 MELROSE ROAD of £193,000 on 24th June 2022. For the value to have increased from £193,000 to £229,154 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 3 MELROSE ROAD has moved in line with the HPI for detached houses in the Knowsley local authority area.
• The June 2022 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MELROSE ROAD has not materially changed since June 2022.

How Large is 3 MELROSE ROAD?

3 MELROSE ROAD is 64m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Kirkby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirkby, and where 3 MELROSE ROAD lies on this distribution: 2% of detached houses houses are smaller than 3 MELROSE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Kirkby.

3 MELROSE ROAD: Plot and Title Map

3 MELROSE ROAD sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 MELROSE ROAD, 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 MELROSE ROAD). 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 MELROSE ROAD?

3 MELROSE ROAD is located in KIRKBY, in the L33 postcode district. The below map shows the position of No. 3 on MELROSE ROAD.