2, MELBOURNE ROAD, WEST BRIDGFORD, NOTTINGHAM, NG2 5BG - £105,000

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

2 MELBOURNE ROAD is a large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £105,000 in December 1999, which was around 14% below the average December 1999 detached price in the Rushcliffe local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was C.

2 MELBOURNE ROAD Sold Prices

Land registry data shows two sales for 2 MELBOURNE 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 Rushcliffe local authority area for the corresponding sale date. Both of the two 2 MELBOURNE ROAD 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
1999 3 DEC	£105,000	£122,138	14% below HPI
1997 7 NOV	£53,000	£102,563	48% below HPI

2 MELBOURNE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 2 MELBOURNE ROAD sales from November 1997 and December 1999 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 November 1997 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 1999 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MELBOURNE ROAD?

2 MELBOURNE ROAD is 142m², which includes one extension, according to the EPC inspection conducted in September 2024. 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 2 MELBOURNE ROAD lies on this distribution: 68% of detached houses are smaller than 2 MELBOURNE ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

2 MELBOURNE ROAD: Plot and Title Map

2 MELBOURNE ROAD sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 2 MELBOURNE 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 2 MELBOURNE 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 2 MELBOURNE ROAD?

2 MELBOURNE ROAD is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 2 on MELBOURNE ROAD.