58, MELROSE AVENUE, STOURBRIDGE, DY8 2LE - £478,500

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.

58 MELROSE AVENUE is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £602,258. It was last sold for £478,500 in September 2020, which was around 73% above the average September 2020 detached price in the Dudley local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

58 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 58 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 58 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
2020 4 SEP	£478,500	£276,854	73% above HPI
2001 5 JUL	£218,000	£109,362	99% above HPI

58 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 58 MELROSE AVENUE sales from July 2001 and September 2020 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 2001 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the September 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 58 MELROSE AVENUE be worth now?

58 MELROSE AVENUE might now be worth an estimated £602,258.

This is based on house price inflation of 25.9%, between September 2020 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.9% inflationary increase is applied to the most recent sale price for 58 MELROSE AVENUE of £478,500 on 4th September 2020. For the value to have increased from £478,500 to £602,258 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 58 MELROSE AVENUE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The September 2020 sale price of £478,500 represented a fair market value for the property.
• The size, condition, and specification of 58 MELROSE AVENUE has not materially changed since September 2020.

How Large is 58 MELROSE AVENUE?

58 MELROSE AVENUE is 171m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stourbridge, and where 58 MELROSE AVENUE lies on this distribution: 84% of detached houses houses are smaller than 58 MELROSE AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Stourbridge.

58 MELROSE AVENUE: Plot and Title Map

58 MELROSE AVENUE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 58 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 58 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 58 MELROSE AVENUE?

58 MELROSE AVENUE is located in STOURBRIDGE, in the DY8 postcode district. The below map shows the position of No. 58 on MELROSE AVENUE.