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
33 MELROSE DRIVE is a midsized detached house of 122m², built sometime between 2003 and 2006. It was last sold for £250,000 in January 2011, which was around 23% above the average January 2011 detached price in the City of Peterborough local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 33 MELROSE DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Peterborough local authority area for the corresponding sale date. Both of the two 33 MELROSE DRIVE 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 5 JAN | £250,000 | £203,972 | 23% above HPI |
2003 12 DEC | £249,995 | £187,123 | 34% above HPI |
The below graph shows the average detached house price in the City of Peterborough local authority area over time, sourced from the HPI. The two 33 MELROSE DRIVE sales from December 2003 and January 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 December 2003 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2011 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
33 MELROSE DRIVE is 122m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Peterborough, based on EPC data. The below chart shows the distribution of detached houses by size in Peterborough, and where 33 MELROSE DRIVE lies on this distribution: 58% of detached houses are smaller than 33 MELROSE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Peterborough.
33 MELROSE DRIVE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 33 MELROSE 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 33 MELROSE 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.
33 MELROSE DRIVE is located in PETERBOROUGH, in the PE2 postcode district. The below map shows the position of No. 33 on MELROSE DRIVE.