5, MELDRETH ROAD, NOTTINGHAM, NG8 4EU - £119,000

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

5 MELDRETH ROAD is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £119,000 in May 2007, which was around 16% below the average May 2007 detached price in the City of Nottingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

5 MELDRETH ROAD Sold Prices

Land registry data shows four sales for 5 MELDRETH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. All of the four 5 MELDRETH ROAD 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
2007 16 MAY	£119,000	£141,043	16% below HPI
2004 24 MAR	£81,000	£130,417	38% below HPI
2001 31 AUG	£57,000	£76,822	26% below HPI
1998 6 AUG	£42,500	£59,083	28% below HPI

5 MELDRETH ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Nottingham local authority area over time, sourced from the HPI. The four 5 MELDRETH ROAD sales between August 1998 and May 2007 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 March 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2007 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 MELDRETH ROAD?

5 MELDRETH ROAD is 74m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 5 MELDRETH ROAD lies on this distribution: 14% of detached houses are smaller than 5 MELDRETH ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

5 MELDRETH ROAD: Plot and Title Map

5 MELDRETH ROAD sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 5 MELDRETH 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 5 MELDRETH 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 5 MELDRETH ROAD?

5 MELDRETH ROAD is located in NOTTINGHAM, in the NG8 postcode district. The below map shows the position of No. 5 on MELDRETH ROAD.