Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 MELBOURNE AVENUE is a very small detached house of 49m², built sometime between 1976 and 1982. It was last sold for £155,000 in October 2009, which was around 6% below the average October 2009 detached price in the Blackpool local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 7 MELBOURNE AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Blackpool local authority area for the corresponding sale date. Most of the five 7 MELBOURNE AVENUE 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 |
---|---|---|---|
2009 20 OCT | £155,000 | £165,121 | 6% below HPI |
2007 9 NOV | £165,000 | £195,784 | 16% below HPI |
2004 24 AUG | £225,000 | £170,710 | 32% above HPI |
2002 11 NOV | £123,950 | £114,663 | 8% above HPI |
1995 30 NOV | £56,500 | £71,677 | 21% below HPI |
The below graph shows the average detached house price in the Blackpool local authority area over time, sourced from the HPI. The five 7 MELBOURNE AVENUE sales between November 1995 and October 2009 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 November 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2009 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
7 MELBOURNE AVENUE is 49m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Blackpool, based on EPC data. The below chart shows the distribution of detached houses by size in Blackpool, and where 7 MELBOURNE AVENUE lies on this distribution: Less than 1% of detached houses are smaller than 7 MELBOURNE AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Blackpool.
7 MELBOURNE AVENUE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 7 MELBOURNE 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 7 MELBOURNE 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.
7 MELBOURNE AVENUE is located in THORNTON-CLEVELEYS, in the FY5 postcode district. The below map shows the position of No. 7 on MELBOURNE AVENUE.