Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
250 MELTON ROAD is a very large extended detached house of 223m², built sometime between 1967 and 1975. It was last sold for £1,000,000 in October 2023, which was around 113% above the average October 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 250 MELTON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the five 250 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 |
---|---|---|---|
2023 10 OCT | £1,000,000 | £468,440 | 113% above HPI |
2017 4 JUL | £825,000 | £352,927 | 134% above HPI |
2004 2 JUL | £432,500 | £256,124 | 69% above HPI |
2002 16 OCT | £295,000 | £199,855 | 48% above HPI |
1996 24 JUL | £141,500 | £88,280 | 60% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The five 250 MELTON ROAD sales between July 1996 and October 2023 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 July 2017 sale was for 134% above the HPI. So the extrapolation line tracks at 134% above the HPI over time, until the October 2023 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.
250 MELTON ROAD is 223m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 250 MELTON ROAD lies on this distribution: 87% of detached houses are smaller than 250 MELTON ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Edwalton.
250 MELTON ROAD sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of 250 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 250 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.
250 MELTON ROAD is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 250 on MELTON ROAD.