185A, NOTTINGHAM ROAD, MELTON MOWBRAY, LE13 0NS - £187,000

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.

185A NOTTINGHAM ROAD is a very small terraced house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £192,749. It was last sold for £187,000 in June 2021, which was around 4% above the average June 2021 terraced price in the Melton local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

185A NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 185A NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. Both of the two 185A NOTTINGHAM ROAD sales were 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
2021 7 JUN	£187,000	£180,644	4% above HPI
2016 30 SEP	£161,000	£149,081	8% above HPI

185A NOTTINGHAM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The two 185A NOTTINGHAM ROAD sales from September 2016 and June 2021 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 September 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2021 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 185A NOTTINGHAM ROAD be worth now?

185A NOTTINGHAM ROAD might now be worth an estimated £192,749.

This is based on house price inflation of 3.1%, between June 2021 and July 2025, for terraced 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 3.1% inflationary increase is applied to the most recent sale price for 185A NOTTINGHAM ROAD of £187,000 on 7th June 2021. For the value to have increased from £187,000 to £192,749 over the three years and eleven months to July 2025, the following assumptions must hold true:

• The value of 185A NOTTINGHAM ROAD has moved in line with the HPI for terraced houses in the Melton local authority area.
• The June 2021 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 185A NOTTINGHAM ROAD has not materially changed since June 2021.

How Large is 185A NOTTINGHAM ROAD?

185A NOTTINGHAM ROAD is 77m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 185A NOTTINGHAM ROAD lies on this distribution: 11% of terraced houses houses are smaller than 185A NOTTINGHAM ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

185A NOTTINGHAM ROAD: Plot and Title Map

185A NOTTINGHAM ROAD sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 185A NOTTINGHAM 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 185A NOTTINGHAM 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 185A NOTTINGHAM ROAD?

185A NOTTINGHAM ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 185A on NOTTINGHAM ROAD.