17, MELBURY ROAD, WOODTHORPE, NOTTINGHAM, NG5 4PG - £175,000

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.

17 MELBURY ROAD is a large extended detached house of 138m², built sometime between 1930 and 1949, which could now be worth an estimated £391,553. It was last sold for £175,000 in February 2003, which was around 5% above the average February 2003 detached price in the Gedling local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

17 MELBURY ROAD Sold Prices

Land registry data shows two sales for 17 MELBURY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. One of the two 17 MELBURY ROAD sales was for above the average price, whilst the other was 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
2003 19 FEB	£175,000	£167,123	5% above HPI
2002 10 APR	£110,000	£128,752	15% below HPI

17 MELBURY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 17 MELBURY ROAD sales from April 2002 and February 2003 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 April 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2003 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 17 MELBURY ROAD be worth now?

17 MELBURY ROAD might now be worth an estimated £391,553.

This is based on house price inflation of 123.7%, between February 2003 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 123.7% inflationary increase is applied to the most recent sale price for 17 MELBURY ROAD of £175,000 on 19th February 2003. For the value to have increased from £175,000 to £391,553 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 17 MELBURY ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The February 2003 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MELBURY ROAD has not materially changed since February 2003.

How Large is 17 MELBURY ROAD?

17 MELBURY ROAD is 138m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 17 MELBURY ROAD lies on this distribution: 77% of detached houses houses are smaller than 17 MELBURY ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Arnold.

17 MELBURY ROAD: Plot and Title Map

17 MELBURY ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 17 MELBURY 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 17 MELBURY 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 17 MELBURY ROAD?

17 MELBURY ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 17 on MELBURY ROAD.