22, MAIN STREET, STATHERN, MELTON MOWBRAY, LE14 4HW - £245,000

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

22 MAIN STREET is a very small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2020, which was around 22% below the average January 2020 detached price in the Melton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

22 MAIN STREET Sold Prices

Land registry data shows three sales for 22 MAIN STREET 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 22 MAIN STREET 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
2020 30 JAN	£245,000	£314,536	22% below HPI
2009 16 OCT	£240,000	£217,284	10% above HPI
1999 17 AUG	£86,000	£100,547	14% below HPI

22 MAIN STREET 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 22 MAIN STREET sales between August 1999 and January 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 October 2009 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 22 MAIN STREET?

22 MAIN STREET is 90m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 22 MAIN STREET lies on this distribution: 11% of detached houses are smaller than 22 MAIN STREET, and 86% of houses are larger. Note that EPC data is not available for all properties in Stathern.

22 MAIN STREET: Plot and Title Map

22 MAIN STREET sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 22 MAIN STREET, 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 MAIN STREET). 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 MAIN STREET?

22 MAIN STREET is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 22 on MAIN STREET.