1072, MELTON ROAD, SYSTON, LEICESTER, LE7 2NN - £265,000

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

1072 MELTON ROAD is a large extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2016, which was around 9% below the average August 2016 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

1072 MELTON ROAD Sold Prices

Land registry data shows three sales for 1072 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. One of the three 1072 MELTON ROAD sales was for below the average price, whilst two 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
2016 3 AUG	£265,000	£289,896	9% below HPI
2000 11 MAY	£117,950	£110,137	7% above HPI
1996 29 MAR	£99,950	£81,977	22% above HPI

1072 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 three 1072 MELTON ROAD sales between March 1996 and August 2016 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 May 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2016 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 1072 MELTON ROAD?

1072 MELTON ROAD is 136m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 1072 MELTON ROAD lies on this distribution: 69% of detached houses are smaller than 1072 MELTON ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Syston.

1072 MELTON ROAD: Plot and Title Map

1072 MELTON ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 1072 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 1072 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 1072 MELTON ROAD?

1072 MELTON ROAD is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 1072 on MELTON ROAD.