14, CAMOMILE ROAD, MELTON MOWBRAY, LE13 0FZ - £400,000

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.

14 CAMOMILE ROAD is a very large extended detached house of 156m², built sometime between 1996 and 2002, which could now be worth an estimated £461,525. It was last sold for £400,000 in November 2020, which was around 16% above the average November 2020 detached price in the Melton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

14 CAMOMILE ROAD Sold Prices

Land registry data shows three sales for 14 CAMOMILE 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 14 CAMOMILE ROAD 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
2020 12 NOV	£400,000	£346,306	16% above HPI
1998 22 OCT	£125,750	£99,325	27% above HPI
1997 30 MAY	£119,000	£87,726	36% above HPI

14 CAMOMILE 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 14 CAMOMILE ROAD sales between May 1997 and November 2020 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 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2020 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 14 CAMOMILE ROAD be worth now?

14 CAMOMILE ROAD might now be worth an estimated £461,525.

This is based on house price inflation of 15.4%, between November 2020 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 15.4% inflationary increase is applied to the most recent sale price for 14 CAMOMILE ROAD of £400,000 on 12th November 2020. For the value to have increased from £400,000 to £461,525 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 CAMOMILE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CAMOMILE ROAD has not materially changed since November 2020.

How Large is 14 CAMOMILE ROAD?

14 CAMOMILE ROAD is 156m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 14 CAMOMILE ROAD lies on this distribution: 87% of detached houses houses are smaller than 14 CAMOMILE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 CAMOMILE ROAD: Plot and Title Map

14 CAMOMILE ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 14 CAMOMILE 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 14 CAMOMILE 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 14 CAMOMILE ROAD?

14 CAMOMILE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on CAMOMILE ROAD.