10, PALMERSTON ROAD, MELTON MOWBRAY, LE13 0SS - £241,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 PALMERSTON ROAD is a very large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £404,420. It was last sold for £241,000 in July 2006, which was around 2% above the average July 2006 detached price in the Melton local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

10 PALMERSTON ROAD Sold Prices

Land registry data shows two sales for 10 PALMERSTON 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. One of the two 10 PALMERSTON ROAD sales was for above the average price, whilst the other was 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
2006 24 JUL	£241,000	£237,253	2% above HPI
1999 24 SEP	£97,475	£102,868	5% below HPI

10 PALMERSTON 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 10 PALMERSTON ROAD sales from September 1999 and July 2006 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 September 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2006 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 PALMERSTON ROAD be worth now?

10 PALMERSTON ROAD might now be worth an estimated £404,420.

This is based on house price inflation of 67.8%, between July 2006 and December 2024, 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 67.8% inflationary increase is applied to the most recent sale price for 10 PALMERSTON ROAD of £241,000 on 24th July 2006. For the value to have increased from £241,000 to £404,420 over the seventeen years and seven months to December 2024, the following assumptions must hold true:

• The value of 10 PALMERSTON ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2006 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 10 PALMERSTON ROAD has not materially changed since July 2006.

How Large is 10 PALMERSTON ROAD?

10 PALMERSTON ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 10 PALMERSTON ROAD lies on this distribution: 84% of detached houses houses are smaller than 10 PALMERSTON ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 PALMERSTON ROAD: Plot and Title Map

10 PALMERSTON ROAD sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of 10 PALMERSTON 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 10 PALMERSTON 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 10 PALMERSTON ROAD?

10 PALMERSTON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 10 on PALMERSTON ROAD.