22, CAMBRIDGE AVENUE, MELTON MOWBRAY, LE13 0AA - £194,950

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

22 CAMBRIDGE AVENUE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £194,950 in September 2005, which was around 13% below the average September 2005 detached price in the Melton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

22 CAMBRIDGE AVENUE Sold Prices

Land registry data shows two sales for 22 CAMBRIDGE 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. Both of the two 22 CAMBRIDGE AVENUE 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
2005 14 SEP	£194,950	£225,181	13% below HPI
2002 23 JAN	£123,000	£139,843	12% below HPI

22 CAMBRIDGE 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 22 CAMBRIDGE AVENUE sales from January 2002 and September 2005 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 2002 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2005 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 CAMBRIDGE AVENUE?

22 CAMBRIDGE AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 22 CAMBRIDGE AVENUE lies on this distribution: 14% of detached houses are smaller than 22 CAMBRIDGE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

22 CAMBRIDGE AVENUE: Plot and Title Map

22 CAMBRIDGE AVENUE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 22 CAMBRIDGE 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 22 CAMBRIDGE 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 22 CAMBRIDGE AVENUE?

22 CAMBRIDGE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 22 on CAMBRIDGE AVENUE.