3, MELBOURNE STREET, SELSTON, NOTTINGHAM, NG16 6AH - £212,000

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

3 MELBOURNE STREET is a midsized extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £212,000 in October 2020, which was around 1% below the average October 2020 detached price in the Ashfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

3 MELBOURNE STREET Sold Prices

Land registry data shows two sales for 3 MELBOURNE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. One of the two 3 MELBOURNE STREET sales was for below the average price, whilst the other was 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
2020 27 OCT	£212,000	£214,940	1% below HPI
1999 30 JUL	£75,000	£63,738	18% above HPI

3 MELBOURNE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 3 MELBOURNE STREET sales from July 1999 and October 2020 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 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 MELBOURNE STREET?

3 MELBOURNE STREET is 92m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 3 MELBOURNE STREET lies on this distribution: 46% of detached houses are smaller than 3 MELBOURNE STREET, and 53% of houses are larger. Note that EPC data is not available for all properties in Selston.

3 MELBOURNE STREET: Plot and Title Map

3 MELBOURNE STREET sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 3 MELBOURNE STREET, 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 3 MELBOURNE STREET). 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 3 MELBOURNE STREET?

3 MELBOURNE STREET is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 3 on MELBOURNE STREET.