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
53 MELTON GARDENS is a midsized extended detached house of 135m², built sometime between 1983 and 1990. It was last sold for £400,000 in November 2020, which was about the average November 2020 detached price in the Rushcliffe local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 53 MELTON GARDENS since 1st 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. The three 53 MELTON GARDENS sales were a mix of roughly equal to the average price, above 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 |
---|---|---|---|
2020 27 NOV | £400,000 | £401,591 | Close to HPI |
2005 10 MAR | £255,000 | £260,061 | 2% below HPI |
1997 29 JUL | £106,000 | £97,567 | 9% above HPI |
The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The three 53 MELTON GARDENS sales between July 1997 and November 2020 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 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
53 MELTON GARDENS is 135m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 50% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 53 MELTON GARDENS lies on this distribution: 42% of detached houses are smaller than 53 MELTON GARDENS, and 56% of houses are larger. Note that EPC data is not available for all properties in Edwalton.
53 MELTON GARDENS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 53 MELTON GARDENS, 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 53 MELTON GARDENS). 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.
53 MELTON GARDENS is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 53 on MELTON GARDENS.