14, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £385,000

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 MELTON ROAD is a large extended detached house of 177m², built sometime between 1900 and 1929. It was last sold for £385,000 in July 2016, which was around 11% above the average July 2016 detached price in the Rutland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was D.

14 MELTON ROAD Sold Prices

Land registry data shows two sales for 14 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 Rutland local authority area for the corresponding sale date. Both of the two 14 MELTON 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
2016 5 JUL	£385,000	£347,142	11% above HPI
1996 4 SEP	£117,000	£98,307	19% above HPI

14 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 14 MELTON ROAD sales from September 1996 and July 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 September 1996 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 14 MELTON ROAD?

14 MELTON ROAD is 177m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 14 MELTON ROAD lies on this distribution: 73% of detached houses are smaller than 14 MELTON ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

14 MELTON ROAD: Plot and Title Map

14 MELTON ROAD sits on a plot of roughly 0.312 of an acre, or 1,263m². The below map shows the location of 14 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 14 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 14 MELTON ROAD?

14 MELTON ROAD is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 14 on MELTON ROAD.