54, MELROSE AVENUE, SUTTON COLDFIELD, B73 6NS - £477,500

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

54 MELROSE AVENUE is a small extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £477,500 in February 2021, which was around 24% above the average February 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

54 MELROSE AVENUE Sold Prices

Land registry data shows three sales for 54 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 Birmingham local authority area for the corresponding sale date. All of the three 54 MELROSE AVENUE 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
2021 19 FEB	£477,500	£384,404	24% above HPI
2014 23 APR	£320,000	£256,782	25% above HPI
2002 26 APR	£195,950	£154,857	27% above HPI

54 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 54 MELROSE AVENUE sales between April 2002 and February 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 April 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2021 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 54 MELROSE AVENUE?

54 MELROSE AVENUE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 40% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 54 MELROSE AVENUE lies on this distribution: 36% of detached houses are smaller than 54 MELROSE AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

54 MELROSE AVENUE: Plot and Title Map

54 MELROSE AVENUE sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 54 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 54 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 54 MELROSE AVENUE?

54 MELROSE AVENUE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 54 on MELROSE AVENUE.