49, MELFORD DRIVE, PRENTON, CH43 3EX - £130,000

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

49 MELFORD DRIVE is a very small detached house of 64m², built sometime between 1976 and 1982. It was last sold for £130,000 in September 2021, which was around 59% below the average September 2021 detached price in the Wirral local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

49 MELFORD DRIVE Sold Prices

Land registry data shows four sales for 49 MELFORD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Wirral local authority area for the corresponding sale date. All of the four 49 MELFORD 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
2021 29 SEP	£130,000	£317,222	59% below HPI
2000 23 FEB	£52,000	£93,180	44% below HPI
1998 11 DEC	£52,000	£84,704	39% below HPI
1997 30 APR	£50,000	£78,185	36% below HPI

49 MELFORD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wirral local authority area over time, sourced from the HPI. The four 49 MELFORD DRIVE sales between April 1997 and September 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 February 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2021 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 49 MELFORD DRIVE?

49 MELFORD DRIVE is 64m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Birkenhead, based on EPC data. The below chart shows the distribution of detached houses by size in Birkenhead, and where 49 MELFORD DRIVE lies on this distribution: 4% of detached houses are smaller than 49 MELFORD DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Birkenhead.

49 MELFORD DRIVE: Plot and Title Map

49 MELFORD DRIVE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 49 MELFORD 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 49 MELFORD 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.

Where is 49 MELFORD DRIVE?

49 MELFORD DRIVE is located in PRENTON, in the CH43 postcode district. The below map shows the position of No. 49 on MELFORD DRIVE.