14, HONEYSUCKLE WAY, MELTON MOWBRAY, LE13 0FU - £275,000

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 HONEYSUCKLE WAY is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £275,000 in February 2021, which was around 19% below the average February 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

14 HONEYSUCKLE WAY Sold Prices

Land registry data shows four sales for 14 HONEYSUCKLE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 14 HONEYSUCKLE WAY 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
2021 26 FEB	£275,000	£338,788	19% below HPI
2006 24 NOV	£207,000	£232,714	11% below HPI
2004 8 OCT	£177,000	£227,129	22% below HPI
2000 10 MAR	£95,950	£107,368	11% below HPI

14 HONEYSUCKLE WAY 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 four 14 HONEYSUCKLE WAY sales between March 2000 and February 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 November 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 14 HONEYSUCKLE WAY?

14 HONEYSUCKLE WAY is 98m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 14 HONEYSUCKLE WAY lies on this distribution: 38% of detached houses are smaller than 14 HONEYSUCKLE WAY, and 61% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 HONEYSUCKLE WAY: Plot and Title Map

14 HONEYSUCKLE WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 14 HONEYSUCKLE WAY, 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 HONEYSUCKLE WAY). 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 HONEYSUCKLE WAY?

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