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

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 NEWBURY AVENUE is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £124,950 in July 2014, which was around 50% 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	£249,270	50% below HPI
2007 13 APR	£155,000	£243,809	36% below HPI
1997 12 DEC	£67,750	£94,531	28% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2014 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

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 in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 16 NEWBURY AVENUE lies on this distribution: 39% of detached 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.