55, MELROSE GARDENS, HERSHAM, WALTON-ON-THAMES, KT12 5HG - £575,000

55 MELROSE GARDENS is a very small detached house of 82m², built sometime between 1930 and 1949. It was last sold for £575,000 in August 2018, which was around 54% below the average August 2018 detached price in the Elmbridge local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

55 MELROSE GARDENS Sold Prices

Land registry data shows two sales for 55 MELROSE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Elmbridge local authority area for the corresponding sale date. Both of the two 55 MELROSE GARDENS 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 31 AUG	£575,000	£1,252,553	54% below HPI
2016 9 DEC	£600,000	£1,183,550	49% below HPI

55 MELROSE GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Elmbridge local authority area over time, sourced from the HPI. The two 55 MELROSE GARDENS sales from December 2016 and August 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 December 2016 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2018 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 55 MELROSE GARDENS?

55 MELROSE GARDENS is 82m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% of detached houses in Hersham, based on EPC data. The below chart shows the distribution of detached houses by size in Hersham, and where 55 MELROSE GARDENS lies on this distribution: 13% of detached houses are smaller than 55 MELROSE GARDENS, and 87% of houses are larger. Note that EPC data is not available for all properties in Hersham.

55 MELROSE GARDENS: Plot and Title Map

55 MELROSE GARDENS sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 55 MELROSE GARDENS, 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 55 MELROSE GARDENS). 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 55 MELROSE GARDENS?

55 MELROSE GARDENS is located in HERSHAM, in the KT12 postcode district. The below map shows the position of No. 55 on MELROSE GARDENS.