5, MELBOURNE STREET, SELSTON, NOTTINGHAM, NG16 6AH - £320,000

5 MELBOURNE STREET is a very small detached house of 63m², built sometime between 1950 and 1966. It was last sold for £320,000 in July 2019, which was around 56% above the average July 2019 detached price in the Ashfield local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

5 MELBOURNE STREET Sold Prices

Land registry data shows two sales for 5 MELBOURNE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashfield local authority area for the corresponding sale date. One of the two 5 MELBOURNE STREET sales was for above the average price, whilst the other was 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
2019 31 JUL	£320,000	£204,525	56% above HPI
2018 15 JUN	£125,000	£197,353	37% below HPI

5 MELBOURNE STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashfield local authority area over time, sourced from the HPI. The two 5 MELBOURNE STREET sales from June 2018 and July 2019 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the July 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 5 MELBOURNE STREET?

5 MELBOURNE STREET is 63m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Selston, based on EPC data. The below chart shows the distribution of detached houses by size in Selston, and where 5 MELBOURNE STREET lies on this distribution: 10% of detached houses are smaller than 5 MELBOURNE STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Selston.

5 MELBOURNE STREET: Plot and Title Map

5 MELBOURNE STREET sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 5 MELBOURNE STREET, 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 5 MELBOURNE STREET). 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 5 MELBOURNE STREET?

5 MELBOURNE STREET is located in SELSTON, in the NG16 postcode district. The below map shows the position of No. 5 on MELBOURNE STREET.