242, MELTON ROAD, EDWALTON, NOTTINGHAM, NG12 4AG - £720,000

242 MELTON ROAD is a very large extended detached house of 215m², built sometime between 1930 and 1949. It was last sold for £720,000 in February 2011, which was around 167% above the average February 2011 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

242 MELTON ROAD Sold Prices

Land registry data shows four sales for 242 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. All of the four 242 MELTON ROAD 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
2011 1 FEB	£720,000	£269,635	167% above HPI
1999 30 JUN	£315,000	£113,388	178% above HPI
1997 22 SEP	£202,500	£102,333	98% above HPI
1995 16 MAY	£202,500	£87,378	132% above HPI

242 MELTON ROAD 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 four 242 MELTON ROAD sales between May 1995 and February 2011 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 June 1999 sale was for 178% above the HPI. So the extrapolation line tracks at 178% above the HPI over time, until the February 2011 sale, where it falls to 167% above the HPI. The line then continues to track at 167% above the HPI.

How Large is 242 MELTON ROAD?

242 MELTON ROAD is 215m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses in Edwalton, based on EPC data. The below chart shows the distribution of detached houses by size in Edwalton, and where 242 MELTON ROAD lies on this distribution: 85% of detached houses are smaller than 242 MELTON ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Edwalton.

242 MELTON ROAD: Plot and Title Map

242 MELTON ROAD sits on a plot of roughly 0.543 of an acre, or 2,197m². The below map shows the location of 242 MELTON 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 242 MELTON 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 242 MELTON ROAD?

242 MELTON ROAD is located in EDWALTON, in the NG12 postcode district. The below map shows the position of No. 242 on MELTON ROAD.