4, MELGROVE WAY, SEDGEFIELD, STOCKTON-ON-TEES, TS21 2JN - £267,500

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

4 MELGROVE WAY is a very small extended detached house of 99m², built sometime between 1967 and 1975. It was last sold for £267,500 in September 2019, which was around 55% above the average September 2019 detached price in the County Durham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

4 MELGROVE WAY Sold Prices

Land registry data shows two sales for 4 MELGROVE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. Both of the two 4 MELGROVE WAY 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
2019 27 SEP	£267,500	£172,053	55% above HPI
2015 17 NOV	£245,000	£160,465	53% above HPI

4 MELGROVE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The two 4 MELGROVE WAY sales from November 2015 and September 2019 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 November 2015 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is 4 MELGROVE WAY?

4 MELGROVE WAY is 99m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Sedgefield, based on EPC data. The below chart shows the distribution of detached houses by size in Sedgefield, and where 4 MELGROVE WAY lies on this distribution: 15% of detached houses are smaller than 4 MELGROVE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Sedgefield.

4 MELGROVE WAY: Plot and Title Map

4 MELGROVE WAY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 4 MELGROVE WAY, 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 4 MELGROVE WAY). 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 4 MELGROVE WAY?

4 MELGROVE WAY is located in SEDGEFIELD, in the TS21 postcode district. The below map shows the position of No. 4 on MELGROVE WAY.