2, AVON ROAD, MELTON MOWBRAY, LE13 0EJ - £217,000

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.

2 AVON ROAD is a very small extended semi-detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £219,460. It was last sold for £217,000 in November 2022, which was around 11% below the average November 2022 semi-detached price in the Melton local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

2 AVON ROAD Sold Prices

Land registry data shows five sales for 2 AVON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the five 2 AVON 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
2022 11 NOV	£217,000	£242,499	11% below HPI
2013 17 JUL	£123,000	£140,889	13% below HPI
2005 28 JAN	£115,000	£135,907	15% below HPI
2002 20 JUN	£86,500	£91,797	6% below HPI
2000 24 MAR	£59,995	£63,668	6% below HPI

2 AVON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The five 2 AVON ROAD sales between March 2000 and November 2022 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 July 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 AVON ROAD be worth now?

2 AVON ROAD might now be worth an estimated £219,460.

This is based on house price inflation of 1.1%, between November 2022 and February 2025, for semi-detached 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 1.1% inflationary increase is applied to the most recent sale price for 2 AVON ROAD of £217,000 on 11th November 2022. For the value to have increased from £217,000 to £219,460 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 AVON ROAD has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2022 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AVON ROAD has not materially changed since November 2022.

How Large is 2 AVON ROAD?

2 AVON ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 2 AVON ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 2 AVON ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 AVON ROAD: Plot and Title Map

2 AVON ROAD sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 AVON 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 2 AVON 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 2 AVON ROAD?

2 AVON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on AVON ROAD.