1037, MELTON ROAD, SYSTON, LEICESTER, LE7 2BE - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1037 MELTON ROAD is a large extended detached house of 152m², built sometime before 1900. It was last sold for £350,000 in May 2014, which was around 39% above the average May 2014 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

1037 MELTON ROAD Sold Prices

Land registry data shows two sales for 1037 MELTON 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 Charnwood local authority area for the corresponding sale date. One of the two 1037 MELTON 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
2014 23 MAY	£350,000	£252,503	39% above HPI
2012 2 NOV	£153,000	£239,497	36% below HPI

1037 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 1037 MELTON ROAD sales from November 2012 and May 2014 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 November 2012 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2014 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 1037 MELTON ROAD?

1037 MELTON ROAD is 152m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 30% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 1037 MELTON ROAD lies on this distribution: 80% of detached houses are smaller than 1037 MELTON ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Syston.

1037 MELTON ROAD: Plot and Title Map

1037 MELTON ROAD sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 1037 MELTON 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 1037 MELTON 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 1037 MELTON ROAD?

1037 MELTON ROAD is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 1037 on MELTON ROAD.