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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 QUEENSWAY is a very small semi-detached house of 84m², built sometime between 1950 and 1966. It was last sold for £133,000 in October 2015, which was around 51% below the average October 2015 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 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	£268,897	51% below HPI
2014 28 MAR	£125,000	£234,801	47% below HPI
2002 15 NOV	£67,000	£166,969	60% below HPI
1999 10 SEP	£37,500	£99,178	62% below HPI

18 QUEENSWAY 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 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 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2015 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

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 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 QUEENSWAY lies on this distribution: 19% of detached 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.