24, MELROSE CLOSE, YATE, BRISTOL, BS37 7AY - £242,000

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.

24 MELROSE CLOSE is a midsized extended semi-detached house of 112m², built sometime between 1930 and 1949, which could now be worth an estimated £472,133. It was last sold for £242,000 in August 2010, which was around 26% above the average August 2010 semi-detached price in the South Gloucestershire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

24 MELROSE CLOSE Sold Prices

Land registry data shows four sales for 24 MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Gloucestershire local authority area for the corresponding sale date. All of the four 24 MELROSE CLOSE 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
2010 4 AUG	£242,000	£191,953	26% above HPI
2006 30 AUG	£245,950	£185,751	32% above HPI
2003 21 MAY	£180,000	£150,593	20% above HPI
1995 26 MAY	£72,000	£54,625	32% above HPI

24 MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Gloucestershire local authority area over time, sourced from the HPI. The four 24 MELROSE CLOSE sales between May 1995 and August 2010 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 August 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2010 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 24 MELROSE CLOSE be worth now?

24 MELROSE CLOSE might now be worth an estimated £472,133.

This is based on house price inflation of 95.1%, between August 2010 and February 2025, for semi-detached houses, in the South Gloucestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 95.1% inflationary increase is applied to the most recent sale price for 24 MELROSE CLOSE of £242,000 on 4th August 2010. For the value to have increased from £242,000 to £472,133 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 24 MELROSE CLOSE has moved in line with the HPI for semi-detached houses in the South Gloucestershire local authority area.
• The August 2010 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MELROSE CLOSE has not materially changed since August 2010.

How Large is 24 MELROSE CLOSE?

24 MELROSE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of semi-detached houses houses in Yate, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Yate, and where 24 MELROSE CLOSE lies on this distribution: 53% of semi-detached houses houses are smaller than 24 MELROSE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Yate.

24 MELROSE CLOSE: Plot and Title Map

24 MELROSE CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 24 MELROSE CLOSE, 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 24 MELROSE CLOSE). 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 24 MELROSE CLOSE?

24 MELROSE CLOSE is located in YATE, in the BS37 postcode district. The below map shows the position of No. 24 on MELROSE CLOSE.