23, CAMBRIDGE AVENUE, MELTON MOWBRAY, LE13 0AA - £203,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

23 CAMBRIDGE AVENUE is a small detached house of 88m², built sometime between 1967 and 1975. It was last sold for £203,500 in March 2011, which was around 13% below the average March 2011 detached price in the Melton local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was E.

23 CAMBRIDGE AVENUE Sold Prices

Land registry data shows two sales for 23 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. One of the two 23 CAMBRIDGE AVENUE sales was for below the average price, whilst the other 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
2011 25 MAR	£203,500	£232,716	13% below HPI
1997 6 JUN	£84,500	£83,900	1% above HPI

23 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 23 CAMBRIDGE AVENUE sales from June 1997 and March 2011 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 1997 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 CAMBRIDGE AVENUE?

23 CAMBRIDGE AVENUE is 88m² according to the EPC inspection conducted in November 2010. 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 23 CAMBRIDGE AVENUE lies on this distribution: 25% of detached houses are smaller than 23 CAMBRIDGE AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

23 CAMBRIDGE AVENUE: Plot and Title Map

23 CAMBRIDGE AVENUE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 23 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 23 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 23 CAMBRIDGE AVENUE?

23 CAMBRIDGE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 23 on CAMBRIDGE AVENUE.