2, MELVERLEY DRIVE, BLACON, CHESTER, CH1 5AH - £127,500

2 MELVERLEY DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £127,500 in September 2008, which was around 52% below the average September 2008 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

2 MELVERLEY DRIVE Sold Prices

Land registry data shows two sales for 2 MELVERLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 2 MELVERLEY DRIVE 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
2008 30 SEP	£127,500	£267,316	52% below HPI
2002 10 APR	£85,000	£149,639	43% below HPI

2 MELVERLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 2 MELVERLEY DRIVE sales from April 2002 and September 2008 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 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2008 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 MELVERLEY DRIVE?

2 MELVERLEY DRIVE is 76m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Chester, based on EPC data. The below chart shows the distribution of detached houses by size in Chester, and where 2 MELVERLEY DRIVE lies on this distribution: 11% of detached houses are smaller than 2 MELVERLEY DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chester.

2 MELVERLEY DRIVE: Plot and Title Map

2 MELVERLEY DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 2 MELVERLEY 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 2 MELVERLEY 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 2 MELVERLEY DRIVE?

2 MELVERLEY DRIVE is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 2 on MELVERLEY DRIVE.