24, GLOUCESTER AVENUE, MELTON MOWBRAY, LE13 0AG - £248,500

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

24 GLOUCESTER AVENUE is a midsized extended detached house of 115m², built sometime between 1930 and 1949. It was last sold for £248,500 in March 2010, which was around 10% above the average March 2010 detached price in the Melton local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

24 GLOUCESTER AVENUE Sold Prices

Land registry data shows four sales for 24 GLOUCESTER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the four 24 GLOUCESTER 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
2010 18 MAR	£248,500	£225,565	10% above HPI
2002 25 NOV	£138,000	£166,969	17% below HPI
1998 24 APR	£72,500	£91,846	21% below HPI
1996 19 JAN	£53,000	£77,376	32% below HPI

24 GLOUCESTER 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 four 24 GLOUCESTER AVENUE sales between January 1996 and March 2010 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 November 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2010 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 24 GLOUCESTER AVENUE?

24 GLOUCESTER AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% 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 GLOUCESTER AVENUE lies on this distribution: 57% of detached houses are smaller than 24 GLOUCESTER AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

24 GLOUCESTER AVENUE: Plot and Title Map

24 GLOUCESTER AVENUE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 24 GLOUCESTER 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 GLOUCESTER 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 GLOUCESTER AVENUE?

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