5, MELVILLE AVENUE, FRIMLEY, CAMBERLEY, GU16 8LX - £489,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MELVILLE AVENUE is a small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £575,626. It was last sold for £489,500 in March 2019, which was around 26% below the average March 2019 detached price in the Surrey Heath local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

5 MELVILLE AVENUE Sold Prices

Land registry data shows four sales for 5 MELVILLE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Surrey Heath local authority area for the corresponding sale date. All of the four 5 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
2019 22 MAR	£489,500	£657,839	26% below HPI
2014 7 JUL	£420,000	£549,502	24% below HPI
1999 11 JUN	£144,950	£221,574	35% below HPI
1996 9 SEP	£88,000	£157,546	44% below HPI

5 MELVILLE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Surrey Heath local authority area over time, sourced from the HPI. The four 5 MELVILLE AVENUE sales between September 1996 and March 2019 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 July 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 MELVILLE AVENUE be worth now?

5 MELVILLE AVENUE might now be worth an estimated £575,626.

This is based on house price inflation of 17.6%, between March 2019 and February 2025, for detached houses, in the Surrey Heath local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.6% inflationary increase is applied to the most recent sale price for 5 MELVILLE AVENUE of £489,500 on 22nd March 2019. For the value to have increased from £489,500 to £575,626 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 5 MELVILLE AVENUE has moved in line with the HPI for detached houses in the Surrey Heath local authority area.
• The March 2019 sale price of £489,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MELVILLE AVENUE has not materially changed since March 2019.

How Large is 5 MELVILLE AVENUE?

5 MELVILLE AVENUE is 107m², which includes four extensions, according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Frimley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Frimley, and where 5 MELVILLE AVENUE lies on this distribution: 39% of detached houses houses are smaller than 5 MELVILLE AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Frimley.

5 MELVILLE AVENUE: Plot and Title Map

5 MELVILLE AVENUE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 5 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 5 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 5 MELVILLE AVENUE?

5 MELVILLE AVENUE is located in FRIMLEY, in the GU16 postcode district. The below map shows the position of No. 5 on MELVILLE AVENUE.