14, MEADOW WAY, MELTON MOWBRAY, LE13 1DT - £239,950

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

14 MEADOW WAY is a small extended detached house of 94m², built sometime between 1967 and 1975. It was last sold for £239,950 in November 2016, which was around 17% below the average November 2016 detached price in the Melton local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was B.

14 MEADOW WAY Sold Prices

Land registry data shows two sales for 14 MEADOW WAY 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 MEADOW 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
2016 4 NOV	£239,950	£288,520	17% below HPI
2010 23 APR	£150,000	£230,727	35% below HPI

14 MEADOW 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 two 14 MEADOW WAY sales from April 2010 and November 2016 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 April 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2016 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 14 MEADOW WAY?

14 MEADOW WAY is 94m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 MEADOW WAY lies on this distribution: 34% of detached houses are smaller than 14 MEADOW WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 MEADOW WAY: Plot and Title Map

14 MEADOW WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 14 MEADOW 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 MEADOW 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 MEADOW WAY?

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