MELROSE, EBBW VIEW, BEAUFORT, EBBW VALE, NP23 5NU - £175,000

MELROSE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £175,000 in August 2022, which was around 20% below the average August 2022 detached price in the Blaenau Gwent local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

MELROSE Sold Prices

Land registry data shows two sales for MELROSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Blaenau Gwent local authority area for the corresponding sale date. Both of the two MELROSE 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
2022 5 AUG	£175,000	£218,206	20% below HPI
2000 19 JUN	£59,950	£60,927	2% below HPI

MELROSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaenau Gwent local authority area over time, sourced from the HPI. The two MELROSE sales from June 2000 and August 2022 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 June 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MELROSE?

MELROSE is 91m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in Ebbw Vale, based on EPC data. The below chart shows the distribution of detached houses by size in Ebbw Vale, and where MELROSE lies on this distribution: 33% of detached houses are smaller than MELROSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ebbw Vale.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of MELROSE, 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 MELROSE). 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 MELROSE?

MELROSE is located on EBBW VIEW in BEAUFORT, in the NP23 postcode district. The below map shows the position of MELROSE on EBBW VIEW.