2, HORSEGUARDS WAY, MELTON MOWBRAY, LE13 0SU - £402,500

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

2 HORSEGUARDS WAY is a large extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £402,500 in February 2021, which was around 19% above the average February 2021 detached price in the Melton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

2 HORSEGUARDS WAY Sold Prices

Land registry data shows three sales for 2 HORSEGUARDS WAY 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 HORSEGUARDS WAY sales were for above 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 26 FEB	£402,500	£338,788	19% above HPI
2008 14 JAN	£275,000	£247,792	11% above HPI
2003 17 NOV	£225,950	£198,176	14% above HPI

2 HORSEGUARDS 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 three 2 HORSEGUARDS WAY sales between November 2003 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 January 2008 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 2 HORSEGUARDS WAY?

2 HORSEGUARDS WAY is 132m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% 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 HORSEGUARDS WAY lies on this distribution: 73% of detached houses are smaller than 2 HORSEGUARDS WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 HORSEGUARDS WAY: Plot and Title Map

2 HORSEGUARDS WAY sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 HORSEGUARDS 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 HORSEGUARDS 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 HORSEGUARDS WAY?

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