49, MELVERLEY DRIVE, BLACON, CHESTER, CH1 5AH - £250,000

49 MELVERLEY DRIVE is a very large detached house of 158m², built sometime between 1976 and 1982. It was last sold for £250,000 in January 2018, which was around 19% below the average January 2018 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

49 MELVERLEY DRIVE Sold Prices

Land registry data shows two sales for 49 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 49 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
2018 12 JAN	£250,000	£307,027	19% below HPI
1998 10 AUG	£89,950	£104,655	14% below HPI

49 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 49 MELVERLEY DRIVE sales from August 1998 and January 2018 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 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 49 MELVERLEY DRIVE?

49 MELVERLEY DRIVE is 158m² according to the EPC inspection conducted in April 2017. This puts it in the largest 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 49 MELVERLEY DRIVE lies on this distribution: 80% of detached houses are smaller than 49 MELVERLEY DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Chester.

49 MELVERLEY DRIVE: Plot and Title Map

49 MELVERLEY DRIVE sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 49 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 49 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 49 MELVERLEY DRIVE?

49 MELVERLEY DRIVE is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 49 on MELVERLEY DRIVE.