18, SUSSEX AVENUE, MELTON MOWBRAY, LE13 0AP - £317,000

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 SUSSEX AVENUE is a large extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £317,000 in December 2023, which was around 15% below the average December 2023 detached price in the Melton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

18 SUSSEX AVENUE Sold Prices

Land registry data shows two sales for 18 SUSSEX AVENUE 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. One of the two 18 SUSSEX AVENUE sales was for below the average price, whilst the other was for above 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
2023 13 DEC	£317,000	£373,898	15% below HPI
2009 15 MAY	£209,000	£204,220	2% above HPI

18 SUSSEX AVENUE 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 SUSSEX AVENUE sales from May 2009 and December 2023 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 May 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 18 SUSSEX AVENUE?

18 SUSSEX AVENUE is 122m², which includes two extensions, according to the EPC inspection conducted in June 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 SUSSEX AVENUE lies on this distribution: 64% of detached houses are smaller than 18 SUSSEX AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 SUSSEX AVENUE: Plot and Title Map

18 SUSSEX AVENUE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 18 SUSSEX AVENUE, 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 SUSSEX AVENUE). 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 SUSSEX AVENUE?

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