708, MELTON ROAD, THURMASTON, LEICESTER, LE4 8BD - £290,000

708 MELTON ROAD is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2022, which was around 26% below the average March 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

708 MELTON ROAD Sold Prices

Land registry data shows three sales for 708 MELTON 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 Charnwood local authority area for the corresponding sale date. All of the three 708 MELTON 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
2022 15 MAR	£290,000	£389,877	26% below HPI
2018 15 AUG	£210,000	£321,929	35% below HPI
2002 27 SEP	£100,000	£169,241	41% below HPI

708 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The three 708 MELTON ROAD sales between September 2002 and March 2022 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 August 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 708 MELTON ROAD?

708 MELTON ROAD is 66m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 708 MELTON ROAD lies on this distribution: 18% of detached houses are smaller than 708 MELTON ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

708 MELTON ROAD: Plot and Title Map

708 MELTON ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 708 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 708 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 708 MELTON ROAD?

708 MELTON ROAD is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 708 on MELTON ROAD.