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

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

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 28% 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	£314,536	28% below HPI
2015 30 APR	£175,500	£251,752	30% below HPI
2013 30 JAN	£170,000	£233,774	27% below HPI
2004 18 JUN	£155,000	£207,661	25% below HPI
2002 21 OCT	£119,500	£165,579	28% below HPI
1997 28 APR	£59,950	£82,784	28% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 1 ASH GROVE lies on this distribution: 27% of detached houses are smaller than 1 ASH GROVE, and 72% 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.