15, MELFORD RISE, BURNTWOOD, WS7 1YW - £180,000

15 MELFORD RISE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £180,000 in December 2009, which was around 34% below the average December 2009 detached price in the Lichfield local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

15 MELFORD RISE Sold Prices

Land registry data shows two sales for 15 MELFORD RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two 15 MELFORD RISE 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
2009 18 DEC	£180,000	£272,407	34% below HPI
2007 5 APR	£157,000	£287,824	45% below HPI

15 MELFORD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two 15 MELFORD RISE sales from April 2007 and December 2009 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2009 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 MELFORD RISE?

15 MELFORD RISE is 65m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Burntwood, based on EPC data. The below chart shows the distribution of detached houses by size in Burntwood, and where 15 MELFORD RISE lies on this distribution: 6% of detached houses are smaller than 15 MELFORD RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burntwood.

15 MELFORD RISE: Plot and Title Map

15 MELFORD RISE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15 MELFORD RISE, 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 15 MELFORD RISE). 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 15 MELFORD RISE?

15 MELFORD RISE is located in BURNTWOOD, in the WS7 postcode district. The below map shows the position of No. 15 on MELFORD RISE.