16, CITY ROAD, STATHERN, MELTON MOWBRAY, LE14 4HE - £510,000

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

16 CITY ROAD is a large detached house of 150m². It was last sold for £510,000 in November 2019, which was around 63% above the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

16 CITY ROAD Sold Prices

Land registry data shows two sales for 16 CITY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 16 CITY ROAD 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
2019 6 NOV	£510,000	£312,369	63% above HPI
2019 10 APR	£550,000	£312,451	76% above HPI

16 CITY ROAD 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 two 16 CITY ROAD sales from April 2019 and November 2019 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 April 2019 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the November 2019 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 16 CITY ROAD?

16 CITY ROAD is 150m² according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 16 CITY ROAD lies on this distribution: 62% of detached houses are smaller than 16 CITY ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Stathern.

16 CITY ROAD: Plot and Title Map

16 CITY ROAD sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 16 CITY ROAD, 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 16 CITY ROAD). 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 16 CITY ROAD?

16 CITY ROAD is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 16 on CITY ROAD.