12, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £250,000

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

12 MELTON ROAD is a small detached house of 125m², built sometime between 1930 and 1949. It was last sold for £250,000 in February 2012, which was around 11% below the average February 2012 detached price in the Rutland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

12 MELTON ROAD Sold Prices

Land registry data shows two sales for 12 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 Rutland local authority area for the corresponding sale date. Both of the two 12 MELTON 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
2012 17 FEB	£250,000	£281,571	11% below HPI
1999 23 AUG	£111,000	£123,795	10% below HPI

12 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 12 MELTON ROAD sales from August 1999 and February 2012 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 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 12 MELTON ROAD?

12 MELTON ROAD is 125m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 12 MELTON ROAD lies on this distribution: 34% of detached houses are smaller than 12 MELTON ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

12 MELTON ROAD: Plot and Title Map

12 MELTON ROAD sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of 12 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 12 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 12 MELTON ROAD?

12 MELTON ROAD is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 12 on MELTON ROAD.