12, MAIN STREET, GREAT DALBY, MELTON MOWBRAY, LE14 2ET - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MAIN STREET is a very large extended detached house of 238m², built sometime between 1976 and 1982, which could now be worth an estimated £573,381. It was last sold for £245,000 in December 2002, which was around 43% above the average December 2002 detached price in the Melton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

12 MAIN STREET Sold Prices

Land registry data shows two sales for 12 MAIN STREET 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. Both of the two 12 MAIN STREET 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
2002 20 DEC	£245,000	£170,733	43% above HPI
1997 3 JAN	£138,000	£84,365	64% above HPI

12 MAIN STREET 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 12 MAIN STREET sales from January 1997 and December 2002 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 January 1997 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2002 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 12 MAIN STREET be worth now?

12 MAIN STREET might now be worth an estimated £573,381.

This is based on house price inflation of 134%, between December 2002 and February 2025, 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 134% inflationary increase is applied to the most recent sale price for 12 MAIN STREET of £245,000 on 20th December 2002. For the value to have increased from £245,000 to £573,381 over the 23 years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 MAIN STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2002 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MAIN STREET has not materially changed since December 2002.

How Large is 12 MAIN STREET?

12 MAIN STREET is 238m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Great Dalby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Dalby, and where 12 MAIN STREET lies on this distribution: 93% of detached houses houses are smaller than 12 MAIN STREET, and 7% of houses are larger. Note that EPC data is not available for all properties in Great Dalby.

12 MAIN STREET: Plot and Title Map

12 MAIN STREET sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 12 MAIN STREET, 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 12 MAIN STREET). 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 12 MAIN STREET?

12 MAIN STREET is located in GREAT DALBY, in the LE14 postcode district. The below map shows the position of No. 12 on MAIN STREET.