65, MELBOURNE ROAD, BLACON, CHESTER, CH1 5JQ - £120,000

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.

65 MELBOURNE ROAD is a very small terraced house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £169,210. It was last sold for £120,000 in December 2019, which was around 19% below the average December 2019 terraced price in the Cheshire West and Chester local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

65 MELBOURNE ROAD Sold Prices

Land registry data shows three sales for 65 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cheshire West and Chester local authority area for the corresponding sale date. All of the three 65 MELBOURNE ROAD 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
2019 19 DEC	£120,000	£148,094	19% below HPI
2008 9 MAY	£124,000	£131,312	6% below HPI
2003 19 SEP	£73,000	£87,380	16% below HPI

65 MELBOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The three 65 MELBOURNE ROAD sales between September 2003 and December 2019 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 May 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 65 MELBOURNE ROAD be worth now?

65 MELBOURNE ROAD might now be worth an estimated £169,210.

This is based on house price inflation of 41%, between December 2019 and May 2026, for terraced houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41% inflationary increase is applied to the most recent sale price for 65 MELBOURNE ROAD of £120,000 on 19th December 2019. For the value to have increased from £120,000 to £169,210 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 65 MELBOURNE ROAD has moved in line with the HPI for terraced houses in the Cheshire West and Chester local authority area.
• The December 2019 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 65 MELBOURNE ROAD has not materially changed since December 2019.

How Large is 65 MELBOURNE ROAD?

65 MELBOURNE ROAD is 81m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of terraced houses houses in Chester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chester, and where 65 MELBOURNE ROAD lies on this distribution: 15% of terraced houses houses are smaller than 65 MELBOURNE ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Chester.

65 MELBOURNE ROAD: Plot and Title Map

65 MELBOURNE ROAD sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 65 MELBOURNE ROAD, 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 65 MELBOURNE ROAD). 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 65 MELBOURNE ROAD?

65 MELBOURNE ROAD is located in BLACON, in the CH1 postcode district. The below map shows the position of No. 65 on MELBOURNE ROAD.