41, MELBURY ROAD, WOODTHORPE, NOTTINGHAM, NG5 4PG - £187,500

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.

41 MELBURY ROAD is a very small detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £374,913. It was last sold for £187,500 in January 2010, which was about the average January 2010 detached price in the Gedling local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

41 MELBURY ROAD Sold Prices

Land registry data shows three sales for 41 MELBURY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. The three 41 MELBURY ROAD sales were a mix of roughly equal to the average price, and 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
2010 8 JAN	£187,500	£187,008	Close to HPI
2003 23 OCT	£172,500	£176,503	2% below HPI
1997 17 JAN	£60,000	£75,247	20% below HPI

41 MELBURY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The three 41 MELBURY ROAD sales between January 1997 and January 2010 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 October 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2010 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 41 MELBURY ROAD be worth now?

41 MELBURY ROAD might now be worth an estimated £374,913.

This is based on house price inflation of 100%, between January 2010 and February 2025, for detached houses, in the Gedling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100% inflationary increase is applied to the most recent sale price for 41 MELBURY ROAD of £187,500 on 8th January 2010. For the value to have increased from £187,500 to £374,913 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 41 MELBURY ROAD has moved in line with the HPI for detached houses in the Gedling local authority area.
• The January 2010 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 41 MELBURY ROAD has not materially changed since January 2010.

How Large is 41 MELBURY ROAD?

41 MELBURY ROAD is 81m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 20% of detached houses houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Arnold, and where 41 MELBURY ROAD lies on this distribution: 16% of detached houses houses are smaller than 41 MELBURY ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Arnold.

41 MELBURY ROAD: Plot and Title Map

41 MELBURY ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 41 MELBURY 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 41 MELBURY 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 41 MELBURY ROAD?

41 MELBURY ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 41 on MELBURY ROAD.