5, MELROSE AVENUE, LONDON, NW2 4LH - £1,290,000

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

5 MELROSE AVENUE is a large extended detached house of 185m², built sometime before 1900. It was last sold for £1,290,000 in April 2015, which was around 40% above the average April 2015 detached price in the Brent 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.

5 MELROSE AVENUE Sold Prices

Land registry data shows three sales for 5 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Brent local authority area for the corresponding sale date. One of the three 5 MELROSE 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
2015 9 APR	£1,290,000	£920,903	40% above HPI
2005 11 OCT	£415,000	£480,101	14% below HPI
1997 30 MAY	£162,000	£179,879	10% below HPI

5 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brent local authority area over time, sourced from the HPI. The three 5 MELROSE AVENUE sales between May 1997 and April 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 October 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2015 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 5 MELROSE AVENUE?

5 MELROSE AVENUE is 185m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 40% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 5 MELROSE AVENUE lies on this distribution: 70% of detached houses are smaller than 5 MELROSE AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in London.

5 MELROSE AVENUE: Plot and Title Map

5 MELROSE AVENUE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 5 MELROSE 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 MELROSE 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 5 MELROSE AVENUE?

5 MELROSE AVENUE is located in LONDON, in the NW2 postcode district. The below map shows the position of No. 5 on MELROSE AVENUE.