160, BURTON ROAD, MELTON MOWBRAY, LE13 1DN - £1,275,000

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.

160 BURTON ROAD is a very large extended detached house of 488m², built sometime between 1967 and 1975, which could now be worth an estimated £1,622,916. It was last sold for £1,275,000 in February 2018, which was around 306% above the average February 2018 detached price in the Melton local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

160 BURTON ROAD Sold Prices

Land registry data shows five sales for 160 BURTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 160 BURTON ROAD 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
2018 23 FEB	£1,275,000	£313,913	306% above HPI
2014 23 DEC	£950,000	£266,602	256% above HPI
2010 24 SEP	£710,000	£233,173	204% above HPI
2000 7 JUN	£371,000	£115,361	222% above HPI
1998 9 NOV	£367,500	£97,159	278% above HPI

160 BURTON ROAD 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 five 160 BURTON ROAD sales between November 1998 and February 2018 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 2014 sale was for 256% above the HPI. So the extrapolation line tracks at 256% above the HPI over time, until the February 2018 sale, where it rises to 306% above the HPI. The line then continues to track at 306% above the HPI.

What might 160 BURTON ROAD be worth now?

160 BURTON ROAD might now be worth an estimated £1,622,916.

This is based on house price inflation of 27.3%, between February 2018 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 27.3% inflationary increase is applied to the most recent sale price for 160 BURTON ROAD of £1,275,000 on 23rd February 2018. For the value to have increased from £1,275,000 to £1,622,916 over the seven years to February 2025, the following assumptions must hold true:

• The value of 160 BURTON ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2018 sale price of £1,275,000 represented a fair market value for the property.
• The size, condition, and specification of 160 BURTON ROAD has not materially changed since February 2018.

How Large is 160 BURTON ROAD?

160 BURTON ROAD is 488m², which includes three extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 10% 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 160 BURTON ROAD lies on this distribution: More than 99% of detached houses houses are smaller than 160 BURTON ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

160 BURTON ROAD: Plot and Title Map

160 BURTON ROAD sits on a plot of roughly 0.811 of an acre, or 3,284m². The below map shows the location of 160 BURTON 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 160 BURTON 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 160 BURTON ROAD?

160 BURTON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 160 on BURTON ROAD.