48, MELFORD HALL DRIVE, WEST BRIDGFORD, NOTTINGHAM, NG2 7SP - £305,000

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

48 MELFORD HALL DRIVE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £305,000 in April 2021, which was around 26% below the average April 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

48 MELFORD HALL DRIVE Sold Prices

Land registry data shows four sales for 48 MELFORD HALL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 48 MELFORD HALL DRIVE sales were for 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
2021 23 APR	£305,000	£411,742	26% below HPI
2016 15 JUL	£250,000	£330,186	24% below HPI
2015 13 FEB	£235,000	£300,359	22% below HPI
2005 3 JUN	£185,000	£252,817	27% below HPI

48 MELFORD HALL DRIVE 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 four 48 MELFORD HALL DRIVE sales between June 2005 and April 2021 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 48 MELFORD HALL DRIVE?

48 MELFORD HALL DRIVE is 69m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in West Bridgford, based on EPC data. The below chart shows the distribution of detached houses by size in West Bridgford, and where 48 MELFORD HALL DRIVE lies on this distribution: 4% of detached houses are smaller than 48 MELFORD HALL DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

48 MELFORD HALL DRIVE: Plot and Title Map

48 MELFORD HALL DRIVE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 48 MELFORD HALL DRIVE, 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 48 MELFORD HALL DRIVE). 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 48 MELFORD HALL DRIVE?

48 MELFORD HALL DRIVE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 48 on MELFORD HALL DRIVE.