7, MELLISH DRIVE, WALSALL, WS4 2HW - £495,000

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

7 MELLISH DRIVE is a large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £495,000 in June 2023, which was around 43% above the average June 2023 detached price in the Walsall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

7 MELLISH DRIVE Sold Prices

Land registry data shows three sales for 7 MELLISH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. All of the three 7 MELLISH DRIVE 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
2023 30 JUN	£495,000	£346,106	43% above HPI
2015 16 JAN	£325,000	£216,305	50% above HPI
1996 27 SEP	£120,000	£79,967	50% above HPI

7 MELLISH DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The three 7 MELLISH DRIVE sales between September 1996 and June 2023 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 January 2015 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the June 2023 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 7 MELLISH DRIVE?

7 MELLISH DRIVE is 170m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 7 MELLISH DRIVE lies on this distribution: 77% of detached houses are smaller than 7 MELLISH DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Walsall.

7 MELLISH DRIVE: Plot and Title Map

7 MELLISH DRIVE sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of 7 MELLISH DRIVE, 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 MELLISH DRIVE). 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 7 MELLISH DRIVE?

7 MELLISH DRIVE is located in WALSALL, in the WS4 postcode district. The below map shows the position of No. 7 on MELLISH DRIVE.