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
62 MELBURY ROAD is a small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £165,000 in July 2014, which was around 17% below the average July 2014 detached price in the Gedling local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 62 MELBURY ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gedling local authority area for the corresponding sale date. Both of the two 62 MELBURY 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 |
---|---|---|---|
2014 11 JUL | £165,000 | £198,570 | 17% below HPI |
1997 3 SEP | £66,950 | £79,912 | 16% below HPI |
The below graph shows the average detached house price in the Gedling local authority area over time, sourced from the HPI. The two 62 MELBURY ROAD sales from September 1997 and July 2014 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 September 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.
62 MELBURY ROAD is 86m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Arnold, based on EPC data. The below chart shows the distribution of detached houses by size in Arnold, and where 62 MELBURY ROAD lies on this distribution: 21% of detached houses are smaller than 62 MELBURY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Arnold.
62 MELBURY ROAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 62 MELBURY 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 62 MELBURY 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.
62 MELBURY ROAD is located in WOODTHORPE, in the NG5 postcode district. The below map shows the position of No. 62 on MELBURY ROAD.