24, KING STREET, SCALFORD, MELTON MOWBRAY, LE14 4DW - £226,000

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

24 KING STREET is a small extended detached house of 106m², built sometime before 1900. It was last sold for £226,000 in December 2023, which was around 38% below the average December 2023 detached price in the Melton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was F, and the potential energy rating was C.

24 KING STREET Sold Prices

Land registry data shows six sales for 24 KING STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the six 24 KING STREET 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
2023 15 DEC	£226,000	£366,523	38% below HPI
2021 13 DEC	£215,000	£350,074	39% below HPI
2018 19 NOV	£180,000	£303,166	41% below HPI
2013 5 JUL	£146,000	£223,010	35% below HPI
2012 24 FEB	£120,000	£225,670	47% below HPI
1999 25 MAY	£70,000	£93,975	26% below HPI

24 KING 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 six 24 KING STREET sales between May 1999 and December 2023 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 December 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 KING STREET?

24 KING STREET is 106m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 24 KING STREET lies on this distribution: 21% of detached houses are smaller than 24 KING STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Scalford.

24 KING STREET: Plot and Title Map

24 KING STREET sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 24 KING 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 24 KING 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 24 KING STREET?

24 KING STREET is located in SCALFORD, in the LE14 postcode district. The below map shows the position of No. 24 on KING STREET.