15, DELAMARE ROAD, MELTON MOWBRAY, LE13 1PL - £172,500

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 DELAMARE ROAD is a very small extended detached house of 78m², built sometime between 1991 and 1995. It was last sold for £172,500 in October 2014, which was around 36% below the average October 2014 detached price in the Melton local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

15 DELAMARE ROAD Sold Prices

Land registry data shows two sales for 15 DELAMARE 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 15 DELAMARE 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 10 OCT	£172,500	£267,829	36% below HPI
1999 23 JUL	£76,000	£102,066	26% below HPI

15 DELAMARE 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 15 DELAMARE ROAD sales from July 1999 and October 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 July 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 15 DELAMARE ROAD be worth now?

15 DELAMARE ROAD might now be worth an estimated £256,424.

This is based on house price inflation of 48.7%, between October 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 48.7% inflationary increase is applied to the most recent sale price for 15 DELAMARE ROAD of £172,500 on 10th October 2014. For the value to have increased from £172,500 to £256,424 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 15 DELAMARE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2014 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 15 DELAMARE ROAD has not materially changed since October 2014.

How Large is 15 DELAMARE ROAD?

15 DELAMARE ROAD is 78m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% 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 DELAMARE ROAD lies on this distribution: 12% of detached houses houses are smaller than 15 DELAMARE ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 DELAMARE ROAD: Plot and Title Map

15 DELAMARE ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 15 DELAMARE 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 DELAMARE 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 DELAMARE ROAD?

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