1, ASH GROVE, MELTON MOWBRAY, LE13 0PL - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 ASH GROVE is a small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £225,000 in January 2020, which was around 31% below the average January 2020 detached price in the Melton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

1 ASH GROVE Sold Prices

Land registry data shows six sales for 1 ASH GROVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the six 1 ASH GROVE 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
2020 14 JAN	£225,000	£326,239	31% below HPI
2015 30 APR	£175,500	£261,119	33% below HPI
2013 30 JAN	£170,000	£242,473	30% below HPI
2004 18 JUN	£155,000	£215,387	28% below HPI
2002 21 OCT	£119,500	£171,740	30% below HPI
1997 28 APR	£59,950	£85,864	30% below HPI

1 ASH GROVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The six 1 ASH GROVE sales between April 1997 and January 2020 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 April 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 1 ASH GROVE be worth now?

1 ASH GROVE might now be worth an estimated £274,583.

This is based on house price inflation of 22%, between January 2020 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22% inflationary increase is applied to the most recent sale price for 1 ASH GROVE of £225,000 on 14th January 2020. For the value to have increased from £225,000 to £274,583 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 1 ASH GROVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2020 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ASH GROVE has not materially changed since January 2020.

How Large is 1 ASH GROVE?

1 ASH GROVE is 89m², which includes three extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 1 ASH GROVE lies on this distribution: 27% of detached houses houses are smaller than 1 ASH GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 ASH GROVE: Plot and Title Map

1 ASH GROVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 1 ASH GROVE, 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 1 ASH GROVE). 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 1 ASH GROVE?

1 ASH GROVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 1 on ASH GROVE.