14, VALLEY ROAD, MELTON MOWBRAY, LE13 0DX - £212,500

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 VALLEY ROAD is a small extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £212,500 in February 2020, which was around 31% below the average February 2020 detached price in the Melton local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

14 VALLEY ROAD Sold Prices

Land registry data shows two sales for 14 VALLEY 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 VALLEY ROAD 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
2020 14 FEB	£212,500	£310,126	31% below HPI
2013 28 JUN	£145,000	£220,478	34% below HPI

14 VALLEY 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 VALLEY ROAD sales from June 2013 and February 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 June 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 VALLEY ROAD?

14 VALLEY ROAD is 92m², which includes two extensions, according to the EPC inspection conducted in December 2012. 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 VALLEY ROAD lies on this distribution: 31% of detached houses are smaller than 14 VALLEY ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 VALLEY ROAD: Plot and Title Map

14 VALLEY ROAD sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 14 VALLEY 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 VALLEY 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 VALLEY ROAD?

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