15A, MAIN STREET, ASFORDBY, MELTON MOWBRAY, LE14 3RZ - £216,000

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.

15A MAIN STREET is a small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £273,698. It was last sold for £216,000 in December 2018, which was around 32% below the average December 2018 detached price in the Melton local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

15A MAIN STREET Sold Prices

Land registry data shows six sales for 15A MAIN STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the six 15A MAIN STREET 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
2018 14 DEC	£216,000	£315,339	32% below HPI
2018 26 FEB	£190,000	£313,913	39% below HPI
2017 28 JUL	£220,000	£301,991	27% below HPI
2007 4 JUN	£167,000	£256,182	35% below HPI
2000 28 JUL	£74,000	£118,468	38% below HPI
1997 3 FEB	£51,000	£84,034	39% below HPI

15A MAIN 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 six 15A MAIN STREET sales between February 1997 and December 2018 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 February 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 15A MAIN STREET be worth now?

15A MAIN STREET might now be worth an estimated £273,698.

This is based on house price inflation of 26.7%, between December 2018 and February 2025, 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 26.7% inflationary increase is applied to the most recent sale price for 15A MAIN STREET of £216,000 on 14th December 2018. For the value to have increased from £216,000 to £273,698 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 15A MAIN STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2018 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 15A MAIN STREET has not materially changed since December 2018.

How Large is 15A MAIN STREET?

15A MAIN STREET is 80m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Asfordby, and where 15A MAIN STREET lies on this distribution: 21% of detached houses houses are smaller than 15A MAIN STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

15A MAIN STREET: Plot and Title Map

15A MAIN STREET sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15A MAIN 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 15A MAIN 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 15A MAIN STREET?

15A MAIN STREET is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 15A on MAIN STREET.