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
3 MELROSE ROAD is a very large extended detached house of 248m², built sometime between 1930 and 1949. It was last sold for £1,310,000 in August 2011, which was around 23% above the average August 2011 detached price in the Wandsworth local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 3 MELROSE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wandsworth local authority area for the corresponding sale date. Both of the two 3 MELROSE ROAD 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 |
---|---|---|---|
2011 24 AUG | £1,310,000 | £1,069,205 | 23% above HPI |
2000 30 MAR | £575,000 | £493,495 | 17% above HPI |
The below graph shows the average detached house price in the Wandsworth local authority area over time, sourced from the HPI. The two 3 MELROSE ROAD sales from March 2000 and August 2011 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 March 2000 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2011 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
3 MELROSE ROAD is 248m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 20% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 3 MELROSE ROAD lies on this distribution: 85% of detached houses are smaller than 3 MELROSE ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in London.
3 MELROSE ROAD sits on a plot of roughly 0.159 of an acre, or 644m². 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.
3 MELROSE ROAD is located in LONDON, in the SW18 postcode district. The below map shows the position of No. 3 on MELROSE ROAD.