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
144 REDWOOD AVENUE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £275,000 in April 2021, which was around 18% below the average April 2021 detached price in the Melton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 144 REDWOOD AVENUE since 1st 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 144 REDWOOD AVENUE 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 9 APR | £275,000 | £335,271 | ![]() 18% below HPI |
2017 23 JUN | £207,500 | £294,358 | ![]() 30% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 144 REDWOOD AVENUE sales from June 2017 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 June 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
144 REDWOOD AVENUE is 75m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 144 REDWOOD AVENUE lies on this distribution: 10% of detached houses are smaller than 144 REDWOOD AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
144 REDWOOD AVENUE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 144 REDWOOD AVENUE, 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 144 REDWOOD AVENUE). 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.
144 REDWOOD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 144 on REDWOOD AVENUE.