146, REDWOOD AVENUE, MELTON MOWBRAY, LE13 1UF - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

146 REDWOOD AVENUE is a large detached house of 121m², built sometime between 1967 and 1975. It was last sold for £270,000 in March 2018, which was around 11% below the average March 2018 detached price in the Melton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

146 REDWOOD AVENUE Sold Prices

Land registry data shows two sales for 146 REDWOOD AVENUE 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 146 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
2018 23 MAR	£270,000	£302,285	11% below HPI
2002 26 APR	£132,000	£143,407	8% below HPI

146 REDWOOD AVENUE 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 146 REDWOOD AVENUE sales from April 2002 and March 2018 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 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 146 REDWOOD AVENUE?

146 REDWOOD AVENUE is 121m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 146 REDWOOD AVENUE lies on this distribution: 63% of detached houses are smaller than 146 REDWOOD AVENUE, and 36% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

146 REDWOOD AVENUE: Plot and Title Map

146 REDWOOD AVENUE sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of 146 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 146 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.

Where is 146 REDWOOD AVENUE?

146 REDWOOD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 146 on REDWOOD AVENUE.