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
5 MELBOURNE AVENUE is a midsized extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £165,000 in May 2014, which was around 4% above the average May 2014 detached price in the Blackpool local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 5 MELBOURNE AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. One of the three 5 MELBOURNE AVENUE sales was for above the average price, whilst two 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 |
---|---|---|---|
2014 29 MAY | £165,000 | £158,363 | 4% above HPI |
2010 26 MAR | £140,000 | £168,436 | 17% below HPI |
2007 31 OCT | £180,000 | £198,038 | 9% below HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The three 5 MELBOURNE AVENUE sales between October 2007 and May 2014 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 March 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2014 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
5 MELBOURNE AVENUE is 116m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 5 MELBOURNE AVENUE lies on this distribution: 53% of detached houses are smaller than 5 MELBOURNE AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
5 MELBOURNE AVENUE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 5 MELBOURNE 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 5 MELBOURNE 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.
5 MELBOURNE AVENUE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 5 on MELBOURNE AVENUE.