Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
15 KING STREET is a large extended detached house of 217m², built sometime between 1950 and 1966. It was last sold for £537,500 in January 2015, which was around 110% above the average January 2015 detached price in the Melton local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 15 KING STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 15 KING STREET sales were for above 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 |
---|---|---|---|
2015 15 JAN | £537,500 | £256,518 | 110% above HPI |
2003 28 MAR | £450,000 | £174,174 | 158% above HPI |
2001 1 MAY | £200,000 | £126,002 | 59% above HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 15 KING STREET sales between May 2001 and January 2015 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 March 2003 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the January 2015 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.
15 KING STREET is 217m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 30% of detached houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Broughton, and where 15 KING STREET lies on this distribution: 80% of detached houses are smaller than 15 KING STREET, and 20% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.
15 KING STREET sits on a plot of roughly 2.9 acres, or 11,737m². The below map shows the location of 15 KING STREET, 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 KING STREET). 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.
15 KING STREET is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 15 on KING STREET.