18, CAMOMILE ROAD, MELTON MOWBRAY, LE13 0FZ - £325,000

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.

18 CAMOMILE ROAD is a very large extended detached house of 148m², built sometime between 1996 and 2002, which could now be worth an estimated £436,053. It was last sold for £325,000 in September 2016, which was around 9% above the average September 2016 detached price in the Melton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

18 CAMOMILE ROAD Sold Prices

Land registry data shows three sales for 18 CAMOMILE ROAD 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 CAMOMILE 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
2016 26 SEP	£325,000	£297,810	9% above HPI
2006 12 MAY	£290,000	£234,745	24% above HPI
2002 30 JUL	£217,500	£162,084	34% above HPI

18 CAMOMILE 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 three 18 CAMOMILE ROAD sales between July 2002 and September 2016 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 May 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2016 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 18 CAMOMILE ROAD be worth now?

18 CAMOMILE ROAD might now be worth an estimated £436,053.

This is based on house price inflation of 34.2%, between September 2016 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 34.2% inflationary increase is applied to the most recent sale price for 18 CAMOMILE ROAD of £325,000 on 26th September 2016. For the value to have increased from £325,000 to £436,053 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 18 CAMOMILE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CAMOMILE ROAD has not materially changed since September 2016.

How Large is 18 CAMOMILE ROAD?

18 CAMOMILE ROAD is 148m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% 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 18 CAMOMILE ROAD lies on this distribution: 84% of detached houses houses are smaller than 18 CAMOMILE ROAD, and 16% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 CAMOMILE ROAD: Plot and Title Map

18 CAMOMILE ROAD sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 18 CAMOMILE 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 18 CAMOMILE 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 18 CAMOMILE ROAD?

18 CAMOMILE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 18 on CAMOMILE ROAD.