2, HONEYSUCKLE WAY, MELTON MOWBRAY, LE13 0FU - £275,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

2 HONEYSUCKLE WAY is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £275,000 in February 2021, which was around 19% below the average February 2021 detached price in the Melton local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

2 HONEYSUCKLE WAY Sold Prices

Land registry data shows four sales for 2 HONEYSUCKLE WAY 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 2 HONEYSUCKLE WAY 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
2021 4 FEB	£275,000	£338,788	19% below HPI
2019 30 OCT	£275,000	£313,396	12% below HPI
2013 11 JAN	£205,000	£233,774	12% below HPI
1998 31 JUL	£92,250	£95,587	3% below HPI

2 HONEYSUCKLE WAY 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 2 HONEYSUCKLE WAY sales between July 1998 and February 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 October 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 HONEYSUCKLE WAY?

2 HONEYSUCKLE WAY is 100m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 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 2 HONEYSUCKLE WAY lies on this distribution: 41% of detached houses are smaller than 2 HONEYSUCKLE WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 HONEYSUCKLE WAY: Plot and Title Map

2 HONEYSUCKLE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 2 HONEYSUCKLE WAY, 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 HONEYSUCKLE WAY). 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 HONEYSUCKLE WAY?

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