16, GRANVILLE ROAD, MELTON MOWBRAY, LE13 0SN - £220,000

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.

16 GRANVILLE ROAD is a very small extended semi-detached house of 73m², built sometime between 2007 and 2011, which could now be worth an estimated £236,462. It was last sold for £220,000 in June 2024, which was around 2% below the average June 2024 semi-detached price in the Melton local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

16 GRANVILLE ROAD Sold Prices

Land registry data shows four sales for 16 GRANVILLE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the four 16 GRANVILLE ROAD 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
2024 27 JUN	£220,000	£225,286	2% below HPI
2019 28 MAY	£175,000	£196,214	11% below HPI
2012 25 MAY	£134,000	£145,250	8% below HPI
2009 18 DEC	£125,000	£143,939	13% below HPI

16 GRANVILLE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The four 16 GRANVILLE ROAD sales between December 2009 and June 2024 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 May 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2024 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 GRANVILLE ROAD be worth now?

16 GRANVILLE ROAD might now be worth an estimated £236,462.

This is based on house price inflation of 7.5%, between June 2024 and March 2025, for semi-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 7.5% inflationary increase is applied to the most recent sale price for 16 GRANVILLE ROAD of £220,000 on 27th June 2024. For the value to have increased from £220,000 to £236,462 over the one year and three months to March 2025, the following assumptions must hold true:

• The value of 16 GRANVILLE ROAD has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The June 2024 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GRANVILLE ROAD has not materially changed since June 2024.

How Large is 16 GRANVILLE ROAD?

16 GRANVILLE ROAD is 73m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 16 GRANVILLE ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 16 GRANVILLE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 GRANVILLE ROAD: Plot and Title Map

16 GRANVILLE ROAD sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 16 GRANVILLE 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 GRANVILLE 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 GRANVILLE ROAD?

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