6, MELROSE WALK, TEWKESBURY, GL20 5FW - £425,000

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.

6 MELROSE WALK is a midsized detached house of 123m², built sometime between 2007 and 2011, which could now be worth an estimated £452,465. It was last sold for £425,000 in July 2022, which was around 11% below the average July 2022 detached price in the Tewkesbury local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

6 MELROSE WALK Sold Prices

Land registry data shows three sales for 6 MELROSE WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Two of the three 6 MELROSE WALK sales were for below the average price, whilst one was 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
2022 25 JUL	£425,000	£477,428	11% below HPI
2013 17 DEC	£285,000	£296,471	4% below HPI
2007 14 DEC	£330,995	£311,194	6% above HPI

6 MELROSE WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The three 6 MELROSE WALK sales between December 2007 and July 2022 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 December 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 MELROSE WALK be worth now?

6 MELROSE WALK might now be worth an estimated £452,465.

This is based on house price inflation of 6.5%, between July 2022 and February 2025, for detached houses, in the Tewkesbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.5% inflationary increase is applied to the most recent sale price for 6 MELROSE WALK of £425,000 on 25th July 2022. For the value to have increased from £425,000 to £452,465 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 6 MELROSE WALK has moved in line with the HPI for detached houses in the Tewkesbury local authority area.
• The July 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MELROSE WALK has not materially changed since July 2022.

How Large is 6 MELROSE WALK?

6 MELROSE WALK is 123m² according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses houses in Tewkesbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tewkesbury, and where 6 MELROSE WALK lies on this distribution: 56% of detached houses houses are smaller than 6 MELROSE WALK, and 44% of houses are larger. Note that EPC data is not available for all properties in Tewkesbury.

6 MELROSE WALK: Plot and Title Map

6 MELROSE WALK sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 6 MELROSE WALK, 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 6 MELROSE WALK). 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 6 MELROSE WALK?

6 MELROSE WALK is located in TEWKESBURY, in the GL20 postcode district. The below map shows the position of No. 6 on MELROSE WALK.