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

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.

2 MELBOURNE ROAD is a large extended detached house of 142m², built sometime between 1900 and 1929, which could now be worth an estimated £430,027. 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	£122,144	14% below HPI
1997 7 NOV	£53,000	£102,568	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.

What might 2 MELBOURNE ROAD be worth now?

2 MELBOURNE ROAD might now be worth an estimated £430,027.

This is based on house price inflation of 309.5%, between December 1999 and February 2025, for detached houses, in the Rushcliffe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 309.5% inflationary increase is applied to the most recent sale price for 2 MELBOURNE ROAD of £105,000 on 3rd December 1999. For the value to have increased from £105,000 to £430,027 over the 26 years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 MELBOURNE ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The December 1999 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MELBOURNE ROAD has not materially changed since December 1999.

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 houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bridgford, and where 2 MELBOURNE ROAD lies on this distribution: 68% of detached houses 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.