14, CITY ROAD, STATHERN, MELTON MOWBRAY, LE14 4HE - £550,000

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

14 CITY ROAD is a very large extended detached house of 209m², built sometime before 1900. It was last sold for £550,000 in April 2021, which was around 64% above the average April 2021 detached price in the Melton local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

14 CITY ROAD Sold Prices

Land registry data shows two sales for 14 CITY 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 Melton local authority area for the corresponding sale date. Both of the two 14 CITY 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
2021 29 APR	£550,000	£335,271	64% above HPI
2018 14 SEP	£425,000	£325,757	30% above HPI

14 CITY 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 two 14 CITY ROAD sales from September 2018 and April 2021 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 September 2018 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the April 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 14 CITY ROAD?

14 CITY ROAD is 209m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 20% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 14 CITY ROAD lies on this distribution: 85% of detached houses are smaller than 14 CITY ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Stathern.

14 CITY ROAD: Plot and Title Map

14 CITY ROAD sits on a plot of roughly 0.237 of an acre, or 957m². The below map shows the location of 14 CITY 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 CITY 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 CITY ROAD?

14 CITY ROAD is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 14 on CITY ROAD.