16, WYCLIFFE AVENUE, MELTON MOWBRAY, LE13 1UB - £275,000

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 WYCLIFFE AVENUE is a small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £294,989. It was last sold for £275,000 in August 2023, which was around 26% below the average August 2023 detached price in the Melton local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

16 WYCLIFFE AVENUE Sold Prices

Land registry data shows two sales for 16 WYCLIFFE AVENUE 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 WYCLIFFE 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
2023 17 AUG	£275,000	£372,496	26% below HPI
1997 5 DEC	£56,000	£98,048	43% below HPI

16 WYCLIFFE 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 two 16 WYCLIFFE AVENUE sales from December 1997 and August 2023 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 1997 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 WYCLIFFE AVENUE be worth now?

16 WYCLIFFE AVENUE might now be worth an estimated £294,989.

This is based on house price inflation of 7.3%, between August 2023 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 7.3% inflationary increase is applied to the most recent sale price for 16 WYCLIFFE AVENUE of £275,000 on 17th August 2023. For the value to have increased from £275,000 to £294,989 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 16 WYCLIFFE AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WYCLIFFE AVENUE has not materially changed since August 2023.

How Large is 16 WYCLIFFE AVENUE?

16 WYCLIFFE AVENUE is 85m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 30% 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 WYCLIFFE AVENUE lies on this distribution: 20% of detached houses houses are smaller than 16 WYCLIFFE AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 WYCLIFFE AVENUE: Plot and Title Map

16 WYCLIFFE AVENUE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 16 WYCLIFFE 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 WYCLIFFE 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 WYCLIFFE AVENUE?

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