MELROSE, NORTH STREET, MARTON, RUGBY, CV23 9RJ - £280,000

MELROSE is a very small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £280,000 in November 2012, which was around 10% above the average November 2012 detached price in the Rugby local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

MELROSE Sold Prices

Land registry data shows three sales for MELROSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. One of the three MELROSE sales was for above the average price, whilst two 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
2012 30 NOV	£280,000	£255,383	10% above HPI
2006 25 AUG	£257,000	£262,324	2% below HPI
1998 28 AUG	£86,500	£108,701	20% below HPI

MELROSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three MELROSE sales between August 1998 and November 2012 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2012 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is MELROSE?

MELROSE is 94m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 20% of detached houses in Marton, based on EPC data. The below chart shows the distribution of detached houses by size in Marton, and where MELROSE lies on this distribution: 14% of detached houses are smaller than MELROSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Marton.

MELROSE: Plot and Title Map

MELROSE sits on a plot of roughly 0.136 of an acre, or 550m². 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 NORTH STREET in MARTON, in the CV23 postcode district. The below map shows the position of MELROSE on NORTH STREET.