2, COTTESMORE AVENUE, MELTON MOWBRAY, LE13 0HY - £235,000

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 COTTESMORE AVENUE is a large extended detached house of 124m², built sometime before 1900, which could now be worth an estimated £345,802. It was last sold for £235,000 in January 2016, which was around 13% below the average January 2016 detached price in the Melton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

2 COTTESMORE AVENUE Sold Prices

Land registry data shows three sales for 2 COTTESMORE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 2 COTTESMORE AVENUE 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
2016 8 JAN	£235,000	£271,541	13% below HPI
2014 22 AUG	£245,000	£264,504	7% below HPI
2000 2 JUN	£82,000	£115,361	29% below HPI

2 COTTESMORE 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 three 2 COTTESMORE AVENUE sales between June 2000 and January 2016 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 August 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 COTTESMORE AVENUE be worth now?

2 COTTESMORE AVENUE might now be worth an estimated £345,802.

This is based on house price inflation of 47.1%, between January 2016 and February 2025, for 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 47.1% inflationary increase is applied to the most recent sale price for 2 COTTESMORE AVENUE of £235,000 on 8th January 2016. For the value to have increased from £235,000 to £345,802 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 COTTESMORE AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2016 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COTTESMORE AVENUE has not materially changed since January 2016.

How Large is 2 COTTESMORE AVENUE?

2 COTTESMORE AVENUE is 124m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 2 COTTESMORE AVENUE lies on this distribution: 67% of detached houses houses are smaller than 2 COTTESMORE AVENUE, and 32% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 COTTESMORE AVENUE: Plot and Title Map

2 COTTESMORE AVENUE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 2 COTTESMORE 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 2 COTTESMORE 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 2 COTTESMORE AVENUE?

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