16, NEWBURY AVENUE, MELTON MOWBRAY, LE13 0SR - £124,950

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 NEWBURY AVENUE is a small extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £193,106. It was last sold for £124,950 in July 2014, which was around 52% below the average July 2014 detached price in the Melton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

16 NEWBURY AVENUE Sold Prices

Land registry data shows three sales for 16 NEWBURY 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 NEWBURY AVENUE 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
2014 11 JUL	£124,950	£258,545	52% below HPI
2007 13 APR	£155,000	£252,881	39% below HPI
1997 12 DEC	£67,750	£98,048	31% below HPI

16 NEWBURY 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 NEWBURY AVENUE sales between December 1997 and July 2014 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 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2014 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 16 NEWBURY AVENUE be worth now?

16 NEWBURY AVENUE might now be worth an estimated £193,106.

This is based on house price inflation of 54.5%, between July 2014 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 54.5% inflationary increase is applied to the most recent sale price for 16 NEWBURY AVENUE of £124,950 on 11th July 2014. For the value to have increased from £124,950 to £193,106 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 16 NEWBURY AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2014 sale price of £124,950 represented a fair market value for the property.
• The size, condition, and specification of 16 NEWBURY AVENUE has not materially changed since July 2014.

How Large is 16 NEWBURY AVENUE?

16 NEWBURY AVENUE is 99m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 16 NEWBURY AVENUE lies on this distribution: 39% of detached houses houses are smaller than 16 NEWBURY AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 NEWBURY AVENUE: Plot and Title Map

16 NEWBURY AVENUE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 16 NEWBURY 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 NEWBURY 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 NEWBURY AVENUE?

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