11, BALMORAL ROAD, MELTON MOWBRAY, LE13 1JN - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

11 BALMORAL ROAD is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £230,000 in November 2018, which was around 24% below the average November 2018 detached price in the Melton local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

11 BALMORAL ROAD Sold Prices

Land registry data shows three sales for 11 BALMORAL 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 Melton local authority area for the corresponding sale date. All of the three 11 BALMORAL 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
2018 23 NOV	£230,000	£303,166	24% below HPI
2000 16 MAR	£79,950	£107,368	26% below HPI
1997 2 MAY	£46,000	£84,579	46% below HPI

11 BALMORAL 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 three 11 BALMORAL ROAD sales between May 1997 and November 2018 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 March 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 11 BALMORAL ROAD?

11 BALMORAL ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% 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 11 BALMORAL ROAD lies on this distribution: 31% of detached houses are smaller than 11 BALMORAL ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 BALMORAL ROAD: Plot and Title Map

11 BALMORAL ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 11 BALMORAL 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 11 BALMORAL 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 11 BALMORAL ROAD?

11 BALMORAL ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on BALMORAL ROAD.