1764, MELTON ROAD, REARSBY, LEICESTER, LE7 4YS - £247,500

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.

1764 MELTON ROAD is a very small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £424,093. It was last sold for £247,500 in September 2008, which was around 2% above the average September 2008 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

1764 MELTON ROAD Sold Prices

Land registry data shows two sales for 1764 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 1764 MELTON 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
2008 29 SEP	£247,500	£242,906	2% above HPI
1995 29 SEP	£85,000	£80,893	5% above HPI

1764 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 1764 MELTON ROAD sales from September 1995 and September 2008 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 September 1995 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2008 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 1764 MELTON ROAD be worth now?

1764 MELTON ROAD might now be worth an estimated £424,093.

This is based on house price inflation of 71.4%, between September 2008 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.4% inflationary increase is applied to the most recent sale price for 1764 MELTON ROAD of £247,500 on 29th September 2008. For the value to have increased from £247,500 to £424,093 over the seventeen years and seven months to February 2025, the following assumptions must hold true:

• The value of 1764 MELTON ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2008 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 1764 MELTON ROAD has not materially changed since September 2008.

How Large is 1764 MELTON ROAD?

1764 MELTON ROAD is 89m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rearsby, and where 1764 MELTON ROAD lies on this distribution: 16% of detached houses houses are smaller than 1764 MELTON ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

1764 MELTON ROAD: Plot and Title Map

1764 MELTON ROAD sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 1764 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 1764 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 1764 MELTON ROAD?

1764 MELTON ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 1764 on MELTON ROAD.