18, GRANVILLE ROAD, MELTON MOWBRAY, LE13 0SN - £300,000

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

18 GRANVILLE ROAD is a large detached house of 118m², built sometime between 2003 and 2006. It was last sold for £300,000 in January 2024, which was around 18% below the average January 2024 detached price in the Melton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

18 GRANVILLE ROAD Sold Prices

Land registry data shows three sales for 18 GRANVILLE 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 GRANVILLE 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
2024 31 JAN	£300,000	£366,621	18% below HPI
2018 26 APR	£270,000	£302,307	11% below HPI
2010 3 JUN	£206,500	£227,610	9% below HPI

18 GRANVILLE 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 GRANVILLE ROAD sales between June 2010 and January 2024 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 April 2018 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 GRANVILLE ROAD?

18 GRANVILLE ROAD is 118m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% 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 GRANVILLE ROAD lies on this distribution: 60% of detached houses are smaller than 18 GRANVILLE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 GRANVILLE ROAD: Plot and Title Map

18 GRANVILLE ROAD sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 18 GRANVILLE 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 GRANVILLE 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 GRANVILLE ROAD?

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