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 ROAD is a midsized detached house of 121m², built sometime between 1950 and 1966. It was last sold for £450,000 in August 2023, which was around 11% above the average August 2023 detached price in the North Yorkshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 7 MELROSE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. One of the two 7 MELROSE ROAD sales was for above the average price, whilst the other was 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 29 AUG | £450,000 | £406,959 | 11% above HPI |
2016 11 JAN | £255,000 | £300,438 | 15% below HPI |
The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two 7 MELROSE ROAD sales from January 2016 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 January 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
7 MELROSE ROAD is 121m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Bishop Monkton, based on EPC data. The below chart shows the distribution of detached houses by size in Bishop Monkton, and where 7 MELROSE ROAD lies on this distribution: 45% of detached houses are smaller than 7 MELROSE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Bishop Monkton.
7 MELROSE ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 MELROSE ROAD, 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 ROAD). 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 MELROSE ROAD is located in BISHOP MONKTON, in the HG3 postcode district. The below map shows the position of No. 7 on MELROSE ROAD.