5, MELROSE AVENUE, BEESTON, NOTTINGHAM, NG9 1HW - £292,500

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.

5 MELROSE AVENUE is a very large extended detached house of 163m², built sometime between 1930 and 1949, which could now be worth an estimated £532,080. It was last sold for £292,500 in July 2010, which was around 50% above the average July 2010 detached price in the Broxtowe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was F.

5 MELROSE AVENUE Sold Prices

Land registry data shows three sales for 5 MELROSE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. All of the three 5 MELROSE AVENUE 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
2010 30 JUL	£292,500	£195,640	50% above HPI
2006 14 DEC	£285,000	£204,573	39% above HPI
2004 7 MAY	£278,000	£180,114	54% above HPI

5 MELROSE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The three 5 MELROSE AVENUE sales between May 2004 and July 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 December 2006 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the July 2010 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 5 MELROSE AVENUE be worth now?

5 MELROSE AVENUE might now be worth an estimated £532,080.

This is based on house price inflation of 81.9%, between July 2010 and February 2025, for detached houses, in the Broxtowe local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.9% inflationary increase is applied to the most recent sale price for 5 MELROSE AVENUE of £292,500 on 30th July 2010. For the value to have increased from £292,500 to £532,080 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 5 MELROSE AVENUE has moved in line with the HPI for detached houses in the Broxtowe local authority area.
• The July 2010 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MELROSE AVENUE has not materially changed since July 2010.

How Large is 5 MELROSE AVENUE?

5 MELROSE AVENUE is 163m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where 5 MELROSE AVENUE lies on this distribution: 86% of detached houses houses are smaller than 5 MELROSE AVENUE, and 14% of houses are larger. Note that EPC data is not available for all properties in Beeston.

5 MELROSE AVENUE: Plot and Title Map

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

5 MELROSE AVENUE is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 5 on MELROSE AVENUE.