1, MAIN STREET, HARBY, MELTON MOWBRAY, LE14 4BN - £363,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MAIN STREET is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £448,488. It was last sold for £363,750 in April 2019, which was around 12% above the average April 2019 detached price in the Melton local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

1 MAIN STREET Sold Prices

Land registry data shows two sales for 1 MAIN 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 Melton local authority area for the corresponding sale date. Both of the two 1 MAIN STREET 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
2019 29 APR	£363,750	£324,076	12% above HPI
2012 31 OCT	£285,000	£248,570	15% above HPI

1 MAIN STREET 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 MAIN STREET sales from October 2012 and April 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 October 2012 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2019 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 1 MAIN STREET be worth now?

1 MAIN STREET might now be worth an estimated £448,488.

This is based on house price inflation of 23.3%, between April 2019 and February 2025, 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 23.3% inflationary increase is applied to the most recent sale price for 1 MAIN STREET of £363,750 on 29th April 2019. For the value to have increased from £363,750 to £448,488 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 1 MAIN STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2019 sale price of £363,750 represented a fair market value for the property.
• The size, condition, and specification of 1 MAIN STREET has not materially changed since April 2019.

How Large is 1 MAIN STREET?

1 MAIN STREET is 119m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where 1 MAIN STREET lies on this distribution: 41% of detached houses houses are smaller than 1 MAIN STREET, and 59% of houses are larger. Note that EPC data is not available for all properties in Harby.

1 MAIN STREET: Plot and Title Map

1 MAIN STREET sits on a plot of roughly 0.350 of an acre, or 1,417m². The below map shows the location of 1 MAIN 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 1 MAIN 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 1 MAIN STREET?

1 MAIN STREET is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 1 on MAIN STREET.