15, AVON ROAD, MELTON MOWBRAY, LE13 0EJ - £159,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 AVON ROAD is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £159,950 in January 2014, which was around 34% below the average January 2014 detached price in the Melton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

15 AVON ROAD Sold Prices

Land registry data shows four sales for 15 AVON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 15 AVON 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
2014 2 JAN	£159,950	£243,755	34% below HPI
2004 24 SEP	£145,000	£237,865	39% below HPI
1999 17 SEP	£71,600	£102,868	30% below HPI
1998 9 APR	£56,500	£95,263	41% below HPI

15 AVON 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 four 15 AVON ROAD sales between April 1998 and January 2014 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 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2014 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 15 AVON ROAD be worth now?

15 AVON ROAD might now be worth an estimated £261,251.

This is based on house price inflation of 63.3%, between January 2014 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.3% inflationary increase is applied to the most recent sale price for 15 AVON ROAD of £159,950 on 2nd January 2014. For the value to have increased from £159,950 to £261,251 over the nine years and one month to December 2024, the following assumptions must hold true:

• The value of 15 AVON ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2014 sale price of £159,950 represented a fair market value for the property.
• The size, condition, and specification of 15 AVON ROAD has not materially changed since January 2014.

How Large is 15 AVON ROAD?

15 AVON ROAD is 73m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 15 AVON ROAD lies on this distribution: 8% of detached houses houses are smaller than 15 AVON ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 AVON ROAD: Plot and Title Map

15 AVON ROAD sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 15 AVON 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 15 AVON 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 15 AVON ROAD?

15 AVON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on AVON ROAD.