6, MELKSHAM ROAD, NOTTINGHAM, NG5 5RX - £130,000

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

6 MELKSHAM ROAD is a small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £130,000 in July 2017, which was around 42% below the average July 2017 detached price in the City of Nottingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

6 MELKSHAM ROAD Sold Prices

Land registry data shows three sales for 6 MELKSHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Nottingham local authority area for the corresponding sale date. Two of the three 6 MELKSHAM ROAD sales were for below the average price, whilst one was 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
2017 3 JUL	£130,000	£223,188	42% below HPI
2002 17 MAY	£145,000	£91,911	58% above HPI
1998 7 DEC	£13,950	£58,051	76% below HPI

6 MELKSHAM 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 three 6 MELKSHAM ROAD sales between December 1998 and July 2017 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 May 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the July 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 6 MELKSHAM ROAD?

6 MELKSHAM ROAD is 81m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses in Nottingham, based on EPC data. The below chart shows the distribution of detached houses by size in Nottingham, and where 6 MELKSHAM ROAD lies on this distribution: 20% of detached houses are smaller than 6 MELKSHAM ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Nottingham.

6 MELKSHAM ROAD: Plot and Title Map

6 MELKSHAM ROAD sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 6 MELKSHAM 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 6 MELKSHAM 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 6 MELKSHAM ROAD?

6 MELKSHAM ROAD is located in NOTTINGHAM, in the NG5 postcode district. The below map shows the position of No. 6 on MELKSHAM ROAD.