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

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 GRANVILLE ROAD is a large detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £322,047. It was last sold for £300,000 in January 2024, which was around 19% 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	£372,218	19% below HPI
2018 26 APR	£270,000	£313,555	14% below HPI
2010 3 JUN	£206,500	£236,079	13% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the January 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 GRANVILLE ROAD be worth now?

18 GRANVILLE ROAD might now be worth an estimated £322,047.

This is based on house price inflation of 7.3%, between January 2024 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 7.3% inflationary increase is applied to the most recent sale price for 18 GRANVILLE ROAD of £300,000 on 31st January 2024. For the value to have increased from £300,000 to £322,047 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 18 GRANVILLE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRANVILLE ROAD has not materially changed since January 2024.

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 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 GRANVILLE ROAD lies on this distribution: 61% of detached houses houses are smaller than 18 GRANVILLE ROAD, and 38% 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.