218, BURTON ROAD, MELTON MOWBRAY, LE13 1DN - £425,000

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.

218 BURTON ROAD is a midsized extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £469,748. It was last sold for £425,000 in November 2021, which was around 18% above the average November 2021 detached price in the Melton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

218 BURTON ROAD Sold Prices

Land registry data shows three sales for 218 BURTON 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. One of the three 218 BURTON ROAD sales was for above the average price, whilst two 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 26 NOV	£425,000	£361,509	18% above HPI
2006 30 JUN	£225,000	£238,923	6% below HPI
1996 6 JUN	£74,000	£82,237	10% below HPI

218 BURTON 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 218 BURTON ROAD sales between June 1996 and November 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 June 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 218 BURTON ROAD be worth now?

218 BURTON ROAD might now be worth an estimated £469,748.

This is based on house price inflation of 10.5%, between November 2021 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 10.5% inflationary increase is applied to the most recent sale price for 218 BURTON ROAD of £425,000 on 26th November 2021. For the value to have increased from £425,000 to £469,748 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 218 BURTON ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 218 BURTON ROAD has not materially changed since November 2021.

How Large is 218 BURTON ROAD?

218 BURTON ROAD is 117m², which includes one extension, according to the EPC inspection conducted in April 2021. 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 218 BURTON ROAD lies on this distribution: 60% of detached houses houses are smaller than 218 BURTON ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

218 BURTON ROAD: Plot and Title Map

218 BURTON ROAD sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of 218 BURTON 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 218 BURTON 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 218 BURTON ROAD?

218 BURTON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 218 on BURTON ROAD.