223, NOTTINGHAM ROAD, MELTON MOWBRAY, LE13 0NS - £285,000

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

223 NOTTINGHAM ROAD is a small detached house of 87m², built sometime between 1930 and 1949. It was last sold for £285,000 in March 2020, which was around 8% below the average March 2020 detached price in the Melton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was C.

223 NOTTINGHAM ROAD Sold Prices

Land registry data shows five sales for 223 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 223 NOTTINGHAM ROAD 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 6 MAR	£285,000	£311,200	8% below HPI
2017 6 OCT	£266,000	£303,426	12% below HPI
2008 30 APR	£200,000	£240,313	17% below HPI
2001 29 MAR	£109,950	£121,929	10% below HPI
1996 28 OCT	£78,500	£89,419	12% below HPI

223 NOTTINGHAM 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 five 223 NOTTINGHAM ROAD sales between October 1996 and March 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 223 NOTTINGHAM ROAD?

223 NOTTINGHAM ROAD is 87m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% 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 223 NOTTINGHAM ROAD lies on this distribution: 24% of detached houses are smaller than 223 NOTTINGHAM ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

223 NOTTINGHAM ROAD: Plot and Title Map

223 NOTTINGHAM ROAD sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 223 NOTTINGHAM 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 223 NOTTINGHAM 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 223 NOTTINGHAM ROAD?

223 NOTTINGHAM ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 223 on NOTTINGHAM ROAD.