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
1A SOUTH STREET is a very small detached house of 60m². It was last sold for £184,750 in September 2020, which was around 44% below the average September 2020 detached price in the Melton local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 1A SOUTH STREET since 1st 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. Both of the two 1A SOUTH STREET 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 |
---|---|---|---|
2020 29 SEP | £184,750 | £330,548 | 44% below HPI |
2018 29 MAR | £60,000 | £302,285 | 80% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 1A SOUTH STREET sales from March 2018 and September 2020 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 2018 sale was for 80% below the HPI. So the extrapolation line tracks at 80% below the HPI over time, until the September 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
1A SOUTH STREET is 60m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 1A SOUTH STREET lies on this distribution: 7% of detached houses are smaller than 1A SOUTH STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Scalford.
1A SOUTH STREET sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 1A SOUTH STREET, 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 1A SOUTH STREET). 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.
1A SOUTH STREET is located in SCALFORD, in the LE14 postcode district. The below map shows the position of No. 1A on SOUTH STREET.