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
15A MAIN STREET is a small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £216,000 in December 2018, which was around 29% 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.
Land registry data shows six sales for 15A MAIN STREET since 1st 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 | £304,027 | 29% below HPI |
2018 26 FEB | £190,000 | £302,652 | 37% below HPI |
2017 28 JUL | £220,000 | £291,157 | 24% below HPI |
2007 4 JUN | £167,000 | £246,992 | 32% below HPI |
2000 28 JUL | £74,000 | £114,219 | 35% below HPI |
1997 3 FEB | £51,000 | £81,019 | 37% below HPI |
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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2018 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.
15A MAIN STREET is 80m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 15A MAIN STREET lies on this distribution: 21% of detached houses are smaller than 15A MAIN STREET, and 78% of houses are larger. Note that EPC data is not available for all properties in Asfordby.
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.
15A MAIN STREET is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 15A on MAIN STREET.