10, RIBBLE WAY, MELTON MOWBRAY, LE13 0HG - £187,950

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 RIBBLE WAY is a very small semi-detached house of 52m², built sometime between 1967 and 1975, which could now be worth an estimated £249,890. It was last sold for £187,950 in February 2017, which was around 2% above the average February 2017 semi-detached price in the Melton local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

10 RIBBLE WAY Sold Prices

Land registry data shows three sales for 10 RIBBLE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 10 RIBBLE WAY 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
2017 10 FEB	£187,950	£184,216	2% above HPI
2015 20 AUG	£178,950	£168,578	6% above HPI
1998 22 MAY	£62,500	£55,482	13% above HPI

10 RIBBLE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 10 RIBBLE WAY sales between May 1998 and February 2017 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 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 RIBBLE WAY be worth now?

10 RIBBLE WAY might now be worth an estimated £249,890.

This is based on house price inflation of 33%, between February 2017 and December 2024, for semi-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 33% inflationary increase is applied to the most recent sale price for 10 RIBBLE WAY of £187,950 on 10th February 2017. For the value to have increased from £187,950 to £249,890 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 10 RIBBLE WAY has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The February 2017 sale price of £187,950 represented a fair market value for the property.
• The size, condition, and specification of 10 RIBBLE WAY has not materially changed since February 2017.

How Large is 10 RIBBLE WAY?

10 RIBBLE WAY is 52m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 10 RIBBLE WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 10 RIBBLE WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 RIBBLE WAY: Plot and Title Map

10 RIBBLE WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 10 RIBBLE WAY, 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 RIBBLE WAY). 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 RIBBLE WAY?

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