Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
175 SCALFORD ROAD is a midsized extended detached house of 103m², built sometime between 1900 and 1929. It was last sold for £291,000 in July 2022, which was around 20% below the average July 2022 detached price in the Melton local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 175 SCALFORD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 175 SCALFORD 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 |
---|---|---|---|
2022 15 JUL | £291,000 | £362,001 | 20% below HPI |
2008 16 OCT | £179,000 | £234,719 | 24% below HPI |
2003 31 OCT | £120,000 | £196,003 | 39% below HPI |
1995 8 DEC | £58,500 | £77,093 | 24% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 175 SCALFORD ROAD sales between December 1995 and July 2022 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 October 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
175 SCALFORD ROAD is 103m², which includes one extension, according to the EPC inspection conducted in November 2019. This puts it in the smallest 50% 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 175 SCALFORD ROAD lies on this distribution: 43% of detached houses are smaller than 175 SCALFORD ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
175 SCALFORD ROAD sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 175 SCALFORD 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 175 SCALFORD 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.
175 SCALFORD ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 175 on SCALFORD ROAD.