2, SUSSEX AVENUE, MELTON MOWBRAY, LE13 0AP - £460,000

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 SUSSEX AVENUE is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £460,000 in January 2023, which was around 23% above the average January 2023 detached price in the Melton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

2 SUSSEX AVENUE Sold Prices

Land registry data shows two sales for 2 SUSSEX AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the two 2 SUSSEX AVENUE sales was for above the average price, whilst the other was 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
2023 13 JAN	£460,000	£374,757	23% above HPI
1997 22 MAY	£79,995	£84,579	5% below HPI

2 SUSSEX 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 two 2 SUSSEX AVENUE sales from May 1997 and January 2023 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 May 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 SUSSEX AVENUE?

2 SUSSEX AVENUE is 181m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% 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 SUSSEX AVENUE lies on this distribution: 94% of detached houses are smaller than 2 SUSSEX AVENUE, and 6% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 SUSSEX AVENUE: Plot and Title Map

2 SUSSEX AVENUE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 2 SUSSEX 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 SUSSEX 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 SUSSEX AVENUE?

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