MELWOOD, SOUTH STREET, CAERWYS, MOLD, CH7 5AF - £160,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MELWOOD is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £160,000 in December 2004, which was around 14% below the average December 2004 detached price in the Flintshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

MELWOOD Sold Prices

Land registry data shows three sales for MELWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Flintshire local authority area for the corresponding sale date. All of the three MELWOOD 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
2004 22 DEC	£160,000	£186,403	14% below HPI
1999 1 APR	£75,000	£77,182	3% below HPI
1997 17 MAR	£67,000	£71,578	6% below HPI

MELWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Flintshire local authority area over time, sourced from the HPI. The three MELWOOD sales between March 1997 and December 2004 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 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2004 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is MELWOOD?

MELWOOD is 84m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses in Caerwys, based on EPC data. The below chart shows the distribution of detached houses by size in Caerwys, and where MELWOOD lies on this distribution: 21% of detached houses are smaller than MELWOOD, and 76% of houses are larger. Note that EPC data is not available for all properties in Caerwys.

MELWOOD: Plot and Title Map

MELWOOD sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of MELWOOD, 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 MELWOOD). 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 MELWOOD?

MELWOOD is located on SOUTH STREET in CAERWYS, in the CH7 postcode district. The below map shows the position of MELWOOD on SOUTH STREET.