1, MARLOWE PLACE, MELTON MOWBRAY, LE13 0PZ - £450,000

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 MARLOWE PLACE is a very large detached house of 164m². It was last sold for £450,000 in April 2022, which was around 32% above the average April 2022 detached price in the Melton local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

1 MARLOWE PLACE Sold Prices

Land registry data shows two sales for 1 MARLOWE PLACE 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 MARLOWE PLACE 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 12 APR	£450,000	£341,963	32% above HPI
2019 26 JUL	£434,995	£311,777	40% above HPI

1 MARLOWE PLACE 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 MARLOWE PLACE sales from July 2019 and April 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 July 2019 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the April 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 1 MARLOWE PLACE?

1 MARLOWE PLACE is 164m² according to the EPC inspection conducted in June 2019. This puts it in the largest 20% 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 MARLOWE PLACE lies on this distribution: 89% of detached houses are smaller than 1 MARLOWE PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 MARLOWE PLACE: Plot and Title Map

1 MARLOWE PLACE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 1 MARLOWE PLACE, 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 MARLOWE PLACE). 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 MARLOWE PLACE?

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