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
49 MELROSE CRESCENT is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £385,000 in August 2011, which was around 15% above the average August 2011 detached price in the Trafford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 49 MELROSE CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. All of the three 49 MELROSE CRESCENT 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 |
---|---|---|---|
2011 19 AUG | £385,000 | £334,735 | 15% above HPI |
2003 15 OCT | £272,000 | £253,876 | 7% above HPI |
1999 18 AUG | £175,000 | £141,447 | 24% above HPI |
The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The three 49 MELROSE CRESCENT sales between August 1999 and August 2011 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 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2011 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
49 MELROSE CRESCENT is 89m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Hale, based on EPC data. The below chart shows the distribution of detached houses by size in Hale, and where 49 MELROSE CRESCENT lies on this distribution: 4% of detached houses are smaller than 49 MELROSE CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Hale.
49 MELROSE CRESCENT sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 49 MELROSE CRESCENT, 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 MELROSE CRESCENT). 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.
49 MELROSE CRESCENT is located in HALE, in the WA15 postcode district. The below map shows the position of No. 49 on MELROSE CRESCENT.