14, MELROSE AVENUE, BEESTON, NOTTINGHAM, NG9 1HW - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

14 MELROSE AVENUE is a small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £200,000 in May 2015, which was around 5% below the average May 2015 detached price in the Broxtowe local authority area. The most recent EPC inspection was October 2012, where the current energy rating was E, and the potential energy rating was B.

14 MELROSE AVENUE Sold Prices

Land registry data shows four sales for 14 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the four 14 MELROSE AVENUE 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
2015 22 MAY	£200,000	£209,951	5% below HPI
2006 30 JUN	£193,000	£194,740	1% below HPI
2004 13 AUG	£165,000	£189,865	13% below HPI
1995 2 JUN	£62,500	£69,682	10% below HPI

14 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The four 14 MELROSE AVENUE sales between June 1995 and May 2015 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 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 14 MELROSE AVENUE?

14 MELROSE AVENUE is 87m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 14 MELROSE AVENUE lies on this distribution: 23% of detached houses are smaller than 14 MELROSE AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Beeston.

14 MELROSE AVENUE: Plot and Title Map

14 MELROSE AVENUE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 14 MELROSE AVENUE, 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 14 MELROSE AVENUE). 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 14 MELROSE AVENUE?

14 MELROSE AVENUE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 14 on MELROSE AVENUE.