51, MELROSE CRESCENT, HALE, ALTRINCHAM, WA15 8NQ - £525,000

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

51 MELROSE CRESCENT is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £525,000 in June 2021, which was around 9% below the average June 2021 detached price in the Trafford local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

51 MELROSE CRESCENT Sold Prices

Land registry data shows two sales for 51 MELROSE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Trafford local authority area for the corresponding sale date. Both of the two 51 MELROSE CRESCENT 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 4 JUN	£525,000	£579,471	9% below HPI
2014 29 AUG	£349,950	£380,277	8% below HPI

51 MELROSE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Trafford local authority area over time, sourced from the HPI. The two 51 MELROSE CRESCENT sales from August 2014 and June 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 August 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 51 MELROSE CRESCENT?

51 MELROSE CRESCENT is 85m² according to the EPC inspection conducted in October 2008. 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 51 MELROSE CRESCENT lies on this distribution: 3% of detached houses are smaller than 51 MELROSE CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Hale.

51 MELROSE CRESCENT: Plot and Title Map

51 MELROSE CRESCENT sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 51 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 51 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.

Where is 51 MELROSE CRESCENT?

51 MELROSE CRESCENT is located in HALE, in the WA15 postcode district. The below map shows the position of No. 51 on MELROSE CRESCENT.