MELROSE, TRENLEY DRIVE, CANTERBURY, CT3 4AW - £517,500

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.

MELROSE is a midsized extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £570,476. It was last sold for £517,500 in September 2021, which was about the average September 2021 detached price in the Canterbury 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.

MELROSE Sold Prices

Land registry data shows two sales for MELROSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. One of the two MELROSE sales was roughly equal to 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
2021 30 SEP	£517,500	£517,519	Close to HPI
2016 3 OCT	£375,000	£445,736	16% below HPI

MELROSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The two MELROSE sales from October 2016 and September 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 October 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might MELROSE be worth now?

MELROSE might now be worth an estimated £570,476.

This is based on house price inflation of 10.2%, between September 2021 and February 2025, for detached houses, in the Canterbury local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for MELROSE of £517,500 on 30th September 2021. For the value to have increased from £517,500 to £570,476 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of MELROSE has moved in line with the HPI for detached houses in the Canterbury local authority area.
• The September 2021 sale price of £517,500 represented a fair market value for the property.
• The size, condition, and specification of MELROSE has not materially changed since September 2021.

How Large is MELROSE?

MELROSE is 118m², which includes two extensions, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses houses in Canterbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canterbury, and where MELROSE lies on this distribution: 46% of detached houses houses are smaller than MELROSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Canterbury.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on TRENLEY DRIVE in CANTERBURY, in the CT3 postcode district. The below map shows the position of MELROSE on TRENLEY DRIVE.