16, GLADSTONE AVENUE, MELTON MOWBRAY, LE13 0NG - £485,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

16 GLADSTONE AVENUE is a very large extended detached house of 194m², built sometime between 1950 and 1966. It was last sold for £485,000 in August 2019, which was around 53% above the average August 2019 detached price in the Melton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

16 GLADSTONE AVENUE Sold Prices

Land registry data shows three sales for 16 GLADSTONE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 16 GLADSTONE AVENUE 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 23 AUG	£485,000	£316,048	53% above HPI
2005 19 DEC	£246,000	£224,755	9% above HPI
1999 22 SEP	£128,000	£99,178	29% above HPI

16 GLADSTONE AVENUE 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 three 16 GLADSTONE AVENUE sales between September 1999 and August 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 December 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2019 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 16 GLADSTONE AVENUE?

16 GLADSTONE AVENUE is 194m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 10% 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 16 GLADSTONE AVENUE lies on this distribution: 95% of detached houses are smaller than 16 GLADSTONE AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 GLADSTONE AVENUE: Plot and Title Map

16 GLADSTONE AVENUE sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 16 GLADSTONE 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 16 GLADSTONE 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.

Where is 16 GLADSTONE AVENUE?

16 GLADSTONE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 16 on GLADSTONE AVENUE.