18, FIRWOOD ROAD, MELTON MOWBRAY, LE13 1SA - £240,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

18 FIRWOOD ROAD is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2016, which was around 15% below the average August 2016 detached price in the Melton local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was C.

18 FIRWOOD ROAD Sold Prices

Land registry data shows two sales for 18 FIRWOOD 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 Melton local authority area for the corresponding sale date. One of the two 18 FIRWOOD ROAD sales was for below the average price, whilst the other was 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 16 AUG	£240,000	£281,617	15% below HPI
1998 11 DEC	£108,000	£91,109	19% above HPI

18 FIRWOOD 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 two 18 FIRWOOD ROAD sales from December 1998 and August 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 December 1998 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 FIRWOOD ROAD?

18 FIRWOOD ROAD is 90m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% 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 18 FIRWOOD ROAD lies on this distribution: 28% of detached houses are smaller than 18 FIRWOOD ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 FIRWOOD ROAD: Plot and Title Map

18 FIRWOOD ROAD sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of 18 FIRWOOD 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 FIRWOOD 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 FIRWOOD ROAD?

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