50, MELFORD HALL DRIVE, WEST BRIDGFORD, NOTTINGHAM, NG2 7SP - £335,000

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

50 MELFORD HALL DRIVE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £335,000 in October 2023, which was around 28% below the average October 2023 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

50 MELFORD HALL DRIVE Sold Prices

Land registry data shows three sales for 50 MELFORD HALL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the three 50 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
2023 16 OCT	£335,000	£468,440	28% below HPI
2019 16 APR	£230,000	£377,944	39% below HPI
2004 23 SEP	£167,000	£262,878	36% below HPI

50 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 three 50 MELFORD HALL DRIVE sales between September 2004 and October 2023 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 April 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 50 MELFORD HALL DRIVE?

50 MELFORD HALL DRIVE is 66m² according to the EPC inspection conducted in April 2023. 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 50 MELFORD HALL DRIVE lies on this distribution: 3% of detached houses are smaller than 50 MELFORD HALL DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in West Bridgford.

50 MELFORD HALL DRIVE: Plot and Title Map

50 MELFORD HALL DRIVE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 50 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 50 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 50 MELFORD HALL DRIVE?

50 MELFORD HALL DRIVE is located in WEST BRIDGFORD, in the NG2 postcode district. The below map shows the position of No. 50 on MELFORD HALL DRIVE.