1, GLOUCESTER AVENUE, MELTON MOWBRAY, LE13 0AG - £625,000

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 GLOUCESTER AVENUE is a very large extended detached house of 195m², built sometime between 1930 and 1949. It was last sold for £625,000 in September 2022, which was around 65% above the average September 2022 detached price in the Melton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

1 GLOUCESTER AVENUE Sold Prices

Land registry data shows two sales for 1 GLOUCESTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 1 GLOUCESTER AVENUE 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
2022 23 SEP	£625,000	£379,424	65% above HPI
1998 7 AUG	£133,000	£94,484	41% above HPI

1 GLOUCESTER AVENUE 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 two 1 GLOUCESTER AVENUE sales from August 1998 and September 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 1998 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the September 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 1 GLOUCESTER AVENUE?

1 GLOUCESTER AVENUE is 195m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% 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 GLOUCESTER AVENUE lies on this distribution: 96% of detached houses are smaller than 1 GLOUCESTER AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 GLOUCESTER AVENUE: Plot and Title Map

1 GLOUCESTER AVENUE sits on a plot of roughly 0.272 of an acre, or 1,100m². The below map shows the location of 1 GLOUCESTER AVENUE, 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 GLOUCESTER AVENUE). 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 GLOUCESTER AVENUE?

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