19, VALLEY ROAD, MELTON MOWBRAY, LE13 0DU - £160,000

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

19 VALLEY ROAD is a midsized extended detached house of 111m², built sometime between 1950 and 1966. It was last sold for £160,000 in May 2011, which was around 29% below the average May 2011 detached price in the Melton local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was D.

19 VALLEY ROAD Sold Prices

Land registry data shows four sales for 19 VALLEY ROAD 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 19 VALLEY 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
2011 23 MAY	£160,000	£226,447	29% below HPI
2008 25 JAN	£189,000	£247,792	24% below HPI
2002 29 NOV	£137,500	£166,969	18% below HPI
2000 28 APR	£65,000	£108,736	40% below HPI

19 VALLEY 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 four 19 VALLEY ROAD sales between April 2000 and May 2011 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 January 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 19 VALLEY ROAD?

19 VALLEY ROAD is 111m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 50% 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 19 VALLEY ROAD lies on this distribution: 53% of detached houses are smaller than 19 VALLEY ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

19 VALLEY ROAD: Plot and Title Map

19 VALLEY ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 19 VALLEY 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 19 VALLEY 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 19 VALLEY ROAD?

19 VALLEY ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 19 on VALLEY ROAD.