8, MELROSE DRIVE, CREWE, CW1 3YD - £180,000

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

8 MELROSE DRIVE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £180,000 in July 2022, which was around 59% below the average July 2022 detached price in the Cheshire East local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

8 MELROSE DRIVE Sold Prices

Land registry data shows three sales for 8 MELROSE 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 Cheshire East local authority area for the corresponding sale date. All of the three 8 MELROSE DRIVE 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
2022 28 JUL	£180,000	£436,161	59% below HPI
2019 13 SEP	£144,000	£372,027	61% below HPI
2007 16 MAY	£138,000	£292,975	53% below HPI

8 MELROSE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire East local authority area over time, sourced from the HPI. The three 8 MELROSE DRIVE sales between May 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 September 2019 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the July 2022 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 8 MELROSE DRIVE?

8 MELROSE DRIVE is 64m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses in Crewe, based on EPC data. The below chart shows the distribution of detached houses by size in Crewe, and where 8 MELROSE DRIVE lies on this distribution: 6% of detached houses are smaller than 8 MELROSE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Crewe.

8 MELROSE DRIVE: Plot and Title Map

8 MELROSE DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 8 MELROSE 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 8 MELROSE 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 8 MELROSE DRIVE?

8 MELROSE DRIVE is located in CREWE, in the CW1 postcode district. The below map shows the position of No. 8 on MELROSE DRIVE.