1, TAMAR ROAD, MELTON MOWBRAY, LE13 0DR - £215,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 TAMAR ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £215,000 in October 2020, which was around 36% below the average October 2020 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 TAMAR ROAD Sold Prices

Land registry data shows two sales for 1 TAMAR ROAD 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 TAMAR ROAD 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 16 OCT	£215,000	£337,558	36% below HPI
2001 23 FEB	£84,500	£116,316	27% below HPI

1 TAMAR ROAD 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 TAMAR ROAD sales from February 2001 and October 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 February 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 1 TAMAR ROAD?

1 TAMAR ROAD is 75m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 TAMAR ROAD lies on this distribution: 10% of detached houses are smaller than 1 TAMAR ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 TAMAR ROAD: Plot and Title Map

1 TAMAR ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 1 TAMAR ROAD, 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 TAMAR ROAD). 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 TAMAR ROAD?

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