43, MELROSE GARDENS, HERSHAM, WALTON-ON-THAMES, KT12 5HG - £720,000

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

43 MELROSE GARDENS is a small extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £720,000 in November 2021, which was around 48% below the average November 2021 detached price in the Elmbridge local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

43 MELROSE GARDENS Sold Prices

Land registry data shows five sales for 43 MELROSE GARDENS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. All of the five 43 MELROSE GARDENS 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
2021 22 NOV	£720,000	£1,393,095	48% below HPI
2016 4 NOV	£522,000	£1,174,338	56% below HPI
2013 1 NOV	£414,000	£982,101	58% below HPI
2007 8 JAN	£308,000	£728,831	58% below HPI
2004 20 SEP	£270,000	£607,421	56% below HPI

43 MELROSE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The five 43 MELROSE GARDENS sales between September 2004 and November 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 November 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the November 2021 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 43 MELROSE GARDENS?

43 MELROSE GARDENS is 95m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Hersham, based on EPC data. The below chart shows the distribution of detached houses by size in Hersham, and where 43 MELROSE GARDENS lies on this distribution: 20% of detached houses are smaller than 43 MELROSE GARDENS, and 79% of houses are larger. Note that EPC data is not available for all properties in Hersham.

43 MELROSE GARDENS: Plot and Title Map

43 MELROSE GARDENS sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 43 MELROSE GARDENS, 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 43 MELROSE GARDENS). 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 43 MELROSE GARDENS?

43 MELROSE GARDENS is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 43 on MELROSE GARDENS.