244, MELTON ROAD, EDWALTON, NOTTINGHAM, NG12 4AG - £1,210,000

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.

244 MELTON ROAD is a large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £1,353,551. It was last sold for £1,210,000 in February 2022, which was around 171% above the average February 2022 detached price in the Rushcliffe local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

244 MELTON ROAD Sold Prices

Land registry data shows two sales for 244 MELTON 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 244 MELTON ROAD sales were for above 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
2022 8 FEB	£1,210,000	£447,187	171% above HPI
2002 8 MAR	£390,000	£169,080	131% above HPI

244 MELTON 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 244 MELTON ROAD sales from March 2002 and February 2022 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 March 2002 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the February 2022 sale, where it rises to 171% above the HPI. The line then continues to track at 171% above the HPI.

What might 244 MELTON ROAD be worth now?

244 MELTON ROAD might now be worth an estimated £1,353,551.

This is based on house price inflation of 11.9%, between February 2022 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 11.9% inflationary increase is applied to the most recent sale price for 244 MELTON ROAD of £1,210,000 on 8th February 2022. For the value to have increased from £1,210,000 to £1,353,551 over the three years to February 2025, the following assumptions must hold true:

• The value of 244 MELTON ROAD has moved in line with the HPI for detached houses in the Rushcliffe local authority area.
• The February 2022 sale price of £1,210,000 represented a fair market value for the property.
• The size, condition, and specification of 244 MELTON ROAD has not materially changed since February 2022.

How Large is 244 MELTON ROAD?

244 MELTON ROAD is 177m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Edwalton, and where 244 MELTON ROAD lies on this distribution: 73% of detached houses houses are smaller than 244 MELTON ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

244 MELTON ROAD: Plot and Title Map

244 MELTON ROAD sits on a plot of roughly 0.339 of an acre, or 1,372m². The below map shows the location of 244 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 244 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.

Where is 244 MELTON ROAD?

244 MELTON ROAD is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 244 on MELTON ROAD.