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 MELROSE DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £124,999 in January 2007, which was around 56% below the average January 2007 detached price in the Cheshire East local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 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 Cheshire East local authority area for the corresponding sale date. Both of the two 4 MELROSE 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 |
---|---|---|---|
2007 10 JAN | £124,999 | £283,027 | 56% below HPI |
1997 31 OCT | £47,500 | £107,982 | 56% below HPI |
The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The two 4 MELROSE DRIVE sales from October 1997 and January 2007 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 October 1997 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the January 2007 sale, which was also at 56% below the HPI.
4 MELROSE DRIVE is 66m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 4 MELROSE DRIVE lies on this distribution: 8% of detached houses are smaller than 4 MELROSE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Crewe.
4 MELROSE DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 4 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 4 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.
4 MELROSE DRIVE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 4 on MELROSE DRIVE.