18, QUEENSWAY, MELTON MOWBRAY, LE13 0DN - £133,000

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 QUEENSWAY is a very small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £193,513. It was last sold for £133,000 in October 2015, which was around 21% below the average October 2015 semi-detached price in the Melton local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

18 QUEENSWAY Sold Prices

Land registry data shows four sales for 18 QUEENSWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the four 18 QUEENSWAY 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
2015 9 OCT	£133,000	£168,557	21% below HPI
2014 28 MAR	£125,000	£147,822	15% below HPI
2002 15 NOV	£67,000	£99,606	33% below HPI
1999 10 SEP	£37,500	£58,397	36% below HPI

18 QUEENSWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The four 18 QUEENSWAY sales between September 1999 and October 2015 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 March 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 18 QUEENSWAY be worth now?

18 QUEENSWAY might now be worth an estimated £193,513.

This is based on house price inflation of 45.5%, between October 2015 and February 2025, for semi-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 45.5% inflationary increase is applied to the most recent sale price for 18 QUEENSWAY of £133,000 on 9th October 2015. For the value to have increased from £133,000 to £193,513 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 QUEENSWAY has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The October 2015 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 18 QUEENSWAY has not materially changed since October 2015.

How Large is 18 QUEENSWAY?

18 QUEENSWAY is 84m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 18 QUEENSWAY lies on this distribution: 19% of semi-detached houses houses are smaller than 18 QUEENSWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 QUEENSWAY: Plot and Title Map

18 QUEENSWAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 18 QUEENSWAY, 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 QUEENSWAY). 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 QUEENSWAY?

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