15, KING STREET, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3HA - £537,500

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 KING STREET is a very large extended detached house of 217m², built sometime between 1950 and 1966, which could now be worth an estimated £804,309. It was last sold for £537,500 in January 2015, which was around 102% 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.

15 KING STREET Sold Prices

Land registry data shows three sales for 15 KING STREET since 1^st 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	£266,062	102% above HPI
2003 28 MAR	£450,000	£180,655	149% above HPI
2001 1 MAY	£200,000	£130,690	53% above HPI

15 KING STREET 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 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 149% above the HPI. So the extrapolation line tracks at 149% above the HPI over time, until the January 2015 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might 15 KING STREET be worth now?

15 KING STREET might now be worth an estimated £804,309.

This is based on house price inflation of 49.6%, between January 2015 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 49.6% inflationary increase is applied to the most recent sale price for 15 KING STREET of £537,500 on 15th January 2015. For the value to have increased from £537,500 to £804,309 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 15 KING STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2015 sale price of £537,500 represented a fair market value for the property.
• The size, condition, and specification of 15 KING STREET has not materially changed since January 2015.

How Large is 15 KING STREET?

15 KING STREET is 217m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 20% of detached houses houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Broughton, and where 15 KING STREET lies on this distribution: 80% of detached houses 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: Plot and Title Map

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.

Where is 15 KING STREET?

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.