Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 WYCLIFFE AVENUE is a small extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £300,000 in June 2023, which was around 16% below the average June 2023 detached price in the Melton local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 15 WYCLIFFE AVENUE since 1st 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 WYCLIFFE AVENUE 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 |
---|---|---|---|
2023 30 JUN | £300,000 | £358,667 | 16% below HPI |
2015 20 AUG | £192,000 | £267,481 | 28% below HPI |
2013 6 SEP | £173,000 | £232,628 | 26% below HPI |
2009 26 MAY | £165,000 | £204,220 | 19% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 15 WYCLIFFE AVENUE sales between May 2009 and June 2023 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 August 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
15 WYCLIFFE AVENUE is 99m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 15 WYCLIFFE AVENUE lies on this distribution: 39% of detached houses are smaller than 15 WYCLIFFE AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
15 WYCLIFFE AVENUE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 15 WYCLIFFE AVENUE, 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 WYCLIFFE AVENUE). 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 WYCLIFFE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on WYCLIFFE AVENUE.