1384, MELTON ROAD, SYSTON, LEICESTER, LE7 2EQ - £342,500

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

1384 MELTON ROAD is a very large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £342,500 in September 2017, which was around 10% above the average September 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

1384 MELTON ROAD Sold Prices

Land registry data shows two sales for 1384 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 1384 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
2017 29 SEP	£342,500	£310,638	10% above HPI
1997 10 OCT	£90,000	£91,749	2% below HPI

1384 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 1384 MELTON ROAD sales from October 1997 and September 2017 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 October 1997 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 1384 MELTON ROAD?

1384 MELTON ROAD is 160m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 1384 MELTON ROAD lies on this distribution: 84% of detached houses are smaller than 1384 MELTON ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Syston.

1384 MELTON ROAD: Plot and Title Map

1384 MELTON ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 1384 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 1384 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 1384 MELTON ROAD?

1384 MELTON ROAD is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 1384 on MELTON ROAD.