15, SHAKESPEARE GARDENS, MELTON MOWBRAY, LE13 0RL - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SHAKESPEARE GARDENS is a very small semi-detached house of 76m², which could now be worth an estimated £212,381. It was last sold for £210,000 in November 2022, which was around 13% below the average November 2022 semi-detached price in the Melton local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

15 SHAKESPEARE GARDENS Sold Prices

Land registry data shows two sales for 15 SHAKESPEARE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 15 SHAKESPEARE GARDENS 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
2022 22 NOV	£210,000	£242,499	13% below HPI
2019 26 JUN	£167,996	£196,841	15% below HPI

15 SHAKESPEARE GARDENS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The two 15 SHAKESPEARE GARDENS sales from June 2019 and November 2022 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 June 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 SHAKESPEARE GARDENS be worth now?

15 SHAKESPEARE GARDENS might now be worth an estimated £212,381.

This is based on house price inflation of 1.1%, between November 2022 and February 2025, for semi-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 1.1% inflationary increase is applied to the most recent sale price for 15 SHAKESPEARE GARDENS of £210,000 on 22nd November 2022. For the value to have increased from £210,000 to £212,381 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 SHAKESPEARE GARDENS has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHAKESPEARE GARDENS has not materially changed since November 2022.

How Large is 15 SHAKESPEARE GARDENS?

15 SHAKESPEARE GARDENS is 76m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 15 SHAKESPEARE GARDENS lies on this distribution: 10% of semi-detached houses houses are smaller than 15 SHAKESPEARE GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 SHAKESPEARE GARDENS: Plot and Title Map

15 SHAKESPEARE GARDENS sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 15 SHAKESPEARE GARDENS, 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 SHAKESPEARE GARDENS). 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 SHAKESPEARE GARDENS?

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