31, MELTON DRIVE, CONGLETON, CW12 4YF - £278,000

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

31 MELTON DRIVE is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £278,000 in March 2018, which was around 20% below the average March 2018 detached price in the Cheshire East local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

31 MELTON DRIVE Sold Prices

Land registry data shows two sales for 31 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire East local authority area for the corresponding sale date. Both of the two 31 MELTON DRIVE 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
2018 29 MAR	£278,000	£349,665	20% below HPI
2005 22 FEB	£238,500	£254,065	6% below HPI

31 MELTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 31 MELTON DRIVE sales from February 2005 and March 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 February 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 MELTON DRIVE?

31 MELTON DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% of detached houses in Congleton, based on EPC data. The below chart shows the distribution of detached houses by size in Congleton, and where 31 MELTON DRIVE lies on this distribution: 44% of detached houses are smaller than 31 MELTON DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Congleton.

31 MELTON DRIVE: Plot and Title Map

31 MELTON DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 31 MELTON DRIVE, 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 MELTON DRIVE). 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 MELTON DRIVE?

31 MELTON DRIVE is located in CONGLETON, in the CW12 postcode district. The below map shows the position of No. 31 on MELTON DRIVE.