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
186 MELTON ROAD is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £460,000 in December 2017, which was around 27% above the average December 2017 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 186 MELTON ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two 186 MELTON 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 |
---|---|---|---|
2017 21 DEC | £460,000 | £362,467 | 27% above HPI |
2001 24 JAN | £133,000 | £147,510 | 10% below HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 186 MELTON ROAD sales from January 2001 and December 2017 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 January 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
186 MELTON ROAD is 139m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 40% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 186 MELTON ROAD lies on this distribution: 66% of detached houses are smaller than 186 MELTON ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.
186 MELTON ROAD sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 186 MELTON 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 186 MELTON 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.
186 MELTON ROAD is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 186 on MELTON ROAD.