7, MELROSE AVENUE, SNEYD GREEN, STOKE-ON-TRENT, ST1 6DS - £175,000

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 MELROSE AVENUE is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £175,000 in August 2023, which was around 20% below the average August 2023 detached price in the Stoke-on-Trent local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

7 MELROSE AVENUE Sold Prices

Land registry data shows two sales for 7 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 Stoke-on-Trent local authority area for the corresponding sale date. Both of the two 7 MELROSE 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
2023 8 AUG	£175,000	£219,481	20% below HPI
2021 12 AUG	£168,000	£202,252	17% below HPI

7 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stoke-on-Trent local authority area over time, sourced from the HPI. The two 7 MELROSE AVENUE sales from August 2021 and August 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 August 2021 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 MELROSE AVENUE?

7 MELROSE AVENUE is 100m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Stoke-on-Trent, based on EPC data. The below chart shows the distribution of detached houses by size in Stoke-on-Trent, and where 7 MELROSE AVENUE lies on this distribution: 55% of detached houses are smaller than 7 MELROSE AVENUE, and 44% of houses are larger. Note that EPC data is not available for all properties in Stoke-on-Trent.

7 MELROSE AVENUE: Plot and Title Map

7 MELROSE AVENUE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 7 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 7 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 7 MELROSE AVENUE?

7 MELROSE AVENUE is located in SNEYD GREEN, in the ST1 postcode district. The below map shows the position of No. 7 on MELROSE AVENUE.