18, ASFORDBY PLACE, ASFORDBY, MELTON MOWBRAY, LE14 3TG - £512,500

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.

18 ASFORDBY PLACE is a very large detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £584,890. It was last sold for £512,500 in October 2020, which was around 46% above the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

18 ASFORDBY PLACE Sold Prices

Land registry data shows three sales for 18 ASFORDBY PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 18 ASFORDBY PLACE 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
2020 2 OCT	£512,500	£350,118	46% above HPI
2004 30 JUL	£375,000	£220,858	70% above HPI
1999 3 SEP	£195,000	£102,868	90% above HPI

18 ASFORDBY PLACE 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 three 18 ASFORDBY PLACE sales between September 1999 and October 2020 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 July 2004 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the October 2020 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 18 ASFORDBY PLACE be worth now?

18 ASFORDBY PLACE might now be worth an estimated £584,890.

This is based on house price inflation of 14.1%, between October 2020 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 14.1% inflationary increase is applied to the most recent sale price for 18 ASFORDBY PLACE of £512,500 on 2nd October 2020. For the value to have increased from £512,500 to £584,890 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 ASFORDBY PLACE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2020 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 18 ASFORDBY PLACE has not materially changed since October 2020.

How Large is 18 ASFORDBY PLACE?

18 ASFORDBY PLACE is 147m² according to the EPC inspection conducted in July 2019. This puts it in the largest 20% of detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Asfordby, and where 18 ASFORDBY PLACE lies on this distribution: 85% of detached houses houses are smaller than 18 ASFORDBY PLACE, and 15% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

18 ASFORDBY PLACE: Plot and Title Map

18 ASFORDBY PLACE sits on a plot of roughly 0.225 of an acre, or 912m². The below map shows the location of 18 ASFORDBY PLACE, 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 18 ASFORDBY PLACE). 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 18 ASFORDBY PLACE?

18 ASFORDBY PLACE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 18 on ASFORDBY PLACE.