31, MELROSE AVENUE, STONE, ST15 8SU - £212,000

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.

31 MELROSE AVENUE is a small extended semi-detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £252,003. It was last sold for £212,000 in June 2021, which was around 4% above the average June 2021 semi-detached price in the Stafford local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

31 MELROSE AVENUE Sold Prices

Land registry data shows five sales for 31 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Stafford local authority area for the corresponding sale date. All of the five 31 MELROSE AVENUE 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
2021 18 JUN	£212,000	£204,220	4% above HPI
2014 23 MAY	£160,000	£150,916	6% above HPI
2008 29 AUG	£168,000	£155,400	8% above HPI
2003 22 AUG	£115,000	£110,715	4% above HPI
1998 27 MAR	£63,500	£52,826	20% above HPI

31 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stafford local authority area over time, sourced from the HPI. The five 31 MELROSE AVENUE sales between March 1998 and June 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 May 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 31 MELROSE AVENUE be worth now?

31 MELROSE AVENUE might now be worth an estimated £252,003.

This is based on house price inflation of 18.9%, between June 2021 and February 2025, for semi-detached houses, in the Stafford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 31 MELROSE AVENUE of £212,000 on 18th June 2021. For the value to have increased from £212,000 to £252,003 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 31 MELROSE AVENUE has moved in line with the HPI for semi-detached houses in the Stafford local authority area.
• The June 2021 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MELROSE AVENUE has not materially changed since June 2021.

How Large is 31 MELROSE AVENUE?

31 MELROSE AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of semi-detached houses houses in Stone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stone, and where 31 MELROSE AVENUE lies on this distribution: 22% of semi-detached houses houses are smaller than 31 MELROSE AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Stone.

31 MELROSE AVENUE: Plot and Title Map

31 MELROSE AVENUE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 31 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 31 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.

Where is 31 MELROSE AVENUE?

31 MELROSE AVENUE is located in STONE, in the ST15 postcode district. The below map shows the position of No. 31 on MELROSE AVENUE.