18, MASON ROAD, MELTON MOWBRAY, LE13 1NF - £265,000

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 MASON ROAD is a small detached house of 89m². It was last sold for £265,000 in October 2020, which was around 21% below the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was A.

18 MASON ROAD Sold Prices

Land registry data shows two sales for 18 MASON 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. Both of the two 18 MASON 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
2020 30 OCT	£265,000	£337,558	21% below HPI
2015 26 JUN	£239,995	£262,200	8% below HPI

18 MASON 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 MASON ROAD sales from June 2015 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 June 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 MASON ROAD?

18 MASON ROAD is 89m² according to the EPC inspection conducted in June 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 MASON ROAD lies on this distribution: 27% of detached houses are smaller than 18 MASON ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 MASON ROAD: Plot and Title Map

18 MASON ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 18 MASON 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 MASON 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 MASON ROAD?

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