2, LONGATE ROAD, MELTON MOWBRAY, LE13 1HT - £258,000

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 LONGATE ROAD is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £258,000 in September 2017, which was around 14% below the average September 2017 detached price in the Melton local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

2 LONGATE ROAD Sold Prices

Land registry data shows three sales for 2 LONGATE ROAD 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. Two of the three 2 LONGATE ROAD sales were for below the average price, whilst one was 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
2017 21 SEP	£258,000	£300,790	14% below HPI
2014 31 JUL	£218,000	£249,270	13% below HPI
1997 22 AUG	£99,000	£85,182	16% above HPI

2 LONGATE ROAD 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 LONGATE ROAD sales between August 1997 and September 2017 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 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 LONGATE ROAD?

2 LONGATE ROAD is 114m² according to the EPC inspection conducted in February 2013. This puts it in the largest 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 LONGATE ROAD lies on this distribution: 55% of detached houses are smaller than 2 LONGATE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 LONGATE ROAD: Plot and Title Map

2 LONGATE ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 2 LONGATE 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 LONGATE 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 LONGATE ROAD?

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