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

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

58 MELROSE AVENUE is a very large extended detached house of 171m², built sometime between 1983 and 1990. It was last sold for £478,500 in September 2020, which was around 69% 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	£283,700	69% above HPI
2001 5 JUL	£218,000	£112,066	95% 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 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the September 2020 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

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 in Stourbridge, based on EPC data. The below chart shows the distribution of detached houses by size in Stourbridge, and where 58 MELROSE AVENUE lies on this distribution: 84% of detached 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.