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
3 MELTON GARDENS is a large extended detached house of 173m², built sometime between 1976 and 1982. It was last sold for £650,000 in May 2018, which was around 75% above the average May 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 MELTON GARDENS since 1st 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 3 MELTON GARDENS 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 |
---|---|---|---|
2018 24 MAY | £650,000 | £370,851 | 75% above HPI |
2012 11 MAY | £400,000 | £273,461 | 46% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two 3 MELTON GARDENS sales from May 2012 and May 2018 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 May 2012 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2018 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.
3 MELTON GARDENS is 173m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 30% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 3 MELTON GARDENS lies on this distribution: 72% of detached houses are smaller than 3 MELTON GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Edwalton.
3 MELTON GARDENS sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 3 MELTON GARDENS, 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 MELTON GARDENS). 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.
3 MELTON GARDENS is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 3 on MELTON GARDENS.