22, HIGHFIELD AVENUE, MELTON MOWBRAY, LE13 0NH - £225,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

22 HIGHFIELD AVENUE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £225,000 in July 2020, which was around 29% below the average July 2020 detached price in the Melton local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

22 HIGHFIELD AVENUE Sold Prices

Land registry data shows two sales for 22 HIGHFIELD 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 HIGHFIELD 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
2020 10 JUL	£225,000	£317,832	29% below HPI
2004 13 AUG	£182,500	£222,998	18% below HPI

22 HIGHFIELD 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 HIGHFIELD AVENUE sales from August 2004 and July 2020 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 August 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 22 HIGHFIELD AVENUE?

22 HIGHFIELD AVENUE is 70m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 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 22 HIGHFIELD AVENUE lies on this distribution: 7% of detached houses are smaller than 22 HIGHFIELD AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

22 HIGHFIELD AVENUE: Plot and Title Map

22 HIGHFIELD AVENUE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 22 HIGHFIELD 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 HIGHFIELD 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 HIGHFIELD AVENUE?

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