17, MELROSE DRIVE, HEDNESFORD, CANNOCK, WS12 4LU - £200,000

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.

17 MELROSE DRIVE is a small semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £242,299. It was last sold for £200,000 in April 2021, which was around 14% above the average April 2021 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

17 MELROSE DRIVE Sold Prices

Land registry data shows two sales for 17 MELROSE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 17 MELROSE DRIVE sales were for above 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 APR	£200,000	£175,136	14% above HPI
2006 20 OCT	£146,000	£125,367	16% above HPI

17 MELROSE DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The two 17 MELROSE DRIVE sales from October 2006 and April 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2021 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 17 MELROSE DRIVE be worth now?

17 MELROSE DRIVE might now be worth an estimated £242,299.

This is based on house price inflation of 21.1%, between April 2021 and February 2025, for semi-detached houses, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 17 MELROSE DRIVE of £200,000 on 30th April 2021. For the value to have increased from £200,000 to £242,299 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 17 MELROSE DRIVE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The April 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MELROSE DRIVE has not materially changed since April 2021.

How Large is 17 MELROSE DRIVE?

17 MELROSE DRIVE is 94m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of semi-detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cannock, and where 17 MELROSE DRIVE lies on this distribution: 33% of semi-detached houses houses are smaller than 17 MELROSE DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cannock.

17 MELROSE DRIVE: Plot and Title Map

17 MELROSE DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 17 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 17 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 17 MELROSE DRIVE?

17 MELROSE DRIVE is located in HEDNESFORD, in the WS12 postcode district. The below map shows the position of No. 17 on MELROSE DRIVE.