47, MELVILLE AVENUE, SOUTH CROYDON, CR2 7HZ - £530,000

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

47 MELVILLE AVENUE is a very small detached house of 97m², built sometime between 1950 and 1966. It was last sold for £530,000 in September 2015, which was around 19% below the average September 2015 detached price in the Croydon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

47 MELVILLE AVENUE Sold Prices

Land registry data shows two sales for 47 MELVILLE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 47 MELVILLE AVENUE 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
2015 28 SEP	£530,000	£657,055	19% below HPI
1995 1 SEP	£127,000	£148,783	15% below HPI

47 MELVILLE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 47 MELVILLE AVENUE sales from September 1995 and September 2015 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 September 1995 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 47 MELVILLE AVENUE?

47 MELVILLE AVENUE is 97m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Croydon, based on EPC data. The below chart shows the distribution of detached houses by size in Croydon, and where 47 MELVILLE AVENUE lies on this distribution: 14% of detached houses are smaller than 47 MELVILLE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Croydon.

47 MELVILLE AVENUE: Plot and Title Map

47 MELVILLE AVENUE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 47 MELVILLE AVENUE, 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 47 MELVILLE AVENUE). 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 47 MELVILLE AVENUE?

47 MELVILLE AVENUE is located in SOUTH CROYDON, in the CR2 postcode district. The below map shows the position of No. 47 on MELVILLE AVENUE.