24, GLADSTONE AVENUE, MELTON MOWBRAY, LE13 0NG - £289,950

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

24 GLADSTONE AVENUE is a large detached house of 123m², built sometime between 1950 and 1966. It was last sold for £289,950 in October 2004, which was around 28% above the average October 2004 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

24 GLADSTONE AVENUE Sold Prices

Land registry data shows two sales for 24 GLADSTONE 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 24 GLADSTONE AVENUE sales were 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
2004 1 OCT	£289,950	£227,129	28% above HPI
1997 1 AUG	£91,194	£85,182	7% above HPI

24 GLADSTONE 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 24 GLADSTONE AVENUE sales from August 1997 and October 2004 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 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2004 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 24 GLADSTONE AVENUE?

24 GLADSTONE AVENUE is 123m² according to the EPC inspection conducted in July 2019. This puts it in the largest 40% 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 24 GLADSTONE AVENUE lies on this distribution: 65% of detached houses are smaller than 24 GLADSTONE AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

24 GLADSTONE AVENUE: Plot and Title Map

24 GLADSTONE AVENUE sits on a plot of roughly 0.241 of an acre, or 974m². The below map shows the location of 24 GLADSTONE 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 24 GLADSTONE 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 24 GLADSTONE AVENUE?

24 GLADSTONE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 24 on GLADSTONE AVENUE.