8, MELROSE GARDENS, HERSHAM, WALTON-ON-THAMES, KT12 5HF - £725,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MELROSE GARDENS is a midsized extended semi-detached house of 137m², built sometime between 1930 and 1949, which could now be worth an estimated £812,149. It was last sold for £725,000 in June 2021, which was around 15% above the average June 2021 semi-detached price in the Elmbridge local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 MELROSE GARDENS Sold Prices

Land registry data shows four sales for 8 MELROSE GARDENS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Elmbridge local authority area for the corresponding sale date. two of the four 8 MELROSE GARDENS sales were for above the average price, and four 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
2021 28 JUN	£725,000	£630,057	15% above HPI
2007 16 APR	£325,000	£367,125	11% below HPI
2005 19 AUG	£355,000	£304,995	16% above HPI
2002 12 DEC	£195,000	£278,512	30% below HPI

8 MELROSE GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Elmbridge local authority area over time, sourced from the HPI. The four 8 MELROSE GARDENS sales between December 2002 and June 2021 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 April 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 8 MELROSE GARDENS be worth now?

8 MELROSE GARDENS might now be worth an estimated £812,149.

This is based on house price inflation of 12%, between June 2021 and February 2025, for semi-detached houses, in the Elmbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12% inflationary increase is applied to the most recent sale price for 8 MELROSE GARDENS of £725,000 on 28th June 2021. For the value to have increased from £725,000 to £812,149 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 8 MELROSE GARDENS has moved in line with the HPI for semi-detached houses in the Elmbridge local authority area.
• The June 2021 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MELROSE GARDENS has not materially changed since June 2021.

How Large is 8 MELROSE GARDENS?

8 MELROSE GARDENS is 137m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 50% of semi-detached houses houses in Hersham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hersham, and where 8 MELROSE GARDENS lies on this distribution: 52% of semi-detached houses houses are smaller than 8 MELROSE GARDENS, and 47% of houses are larger. Note that EPC data is not available for all properties in Hersham.

8 MELROSE GARDENS: Plot and Title Map

8 MELROSE GARDENS sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 MELROSE GARDENS, 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 GARDENS). 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 GARDENS?

8 MELROSE GARDENS is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 8 on MELROSE GARDENS.