1694A, MELTON ROAD, REARSBY, LEICESTER, LE7 4YR - £237,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1694A MELTON ROAD is a very small detached house of 83m², built sometime between 2003 and 2006. It was last sold for £237,500 in March 2017, which was around 20% below the average March 2017 detached price in the Charnwood local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1694A MELTON ROAD Sold Prices

Land registry data shows two sales for 1694A MELTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 1694A MELTON 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
2017 10 MAR	£237,500	£296,930	20% below HPI
2005 4 AUG	£207,000	£232,816	11% below HPI

1694A MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 1694A MELTON ROAD sales from August 2005 and March 2017 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 August 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1694A MELTON ROAD?

1694A MELTON ROAD is 83m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 1694A MELTON ROAD lies on this distribution: 13% of detached houses are smaller than 1694A MELTON ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

1694A MELTON ROAD: Plot and Title Map

1694A MELTON ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 1694A MELTON 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 1694A MELTON 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 1694A MELTON ROAD?

1694A MELTON ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 1694A on MELTON ROAD.