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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 KING STREET is a small extended detached house of 106m², built sometime before 1900, which could now be worth an estimated £238,564. It was last sold for £226,000 in December 2023, which was around 40% 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	£378,528	40% below HPI
2021 13 DEC	£215,000	£363,099	41% below HPI
2018 19 NOV	£180,000	£314,446	43% below HPI
2013 5 JUL	£146,000	£231,308	37% below HPI
2012 24 FEB	£120,000	£234,067	49% below HPI
1999 25 MAY	£70,000	£97,472	28% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2023 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 24 KING STREET be worth now?

24 KING STREET might now be worth an estimated £238,564.

This is based on house price inflation of 5.6%, between December 2023 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.6% inflationary increase is applied to the most recent sale price for 24 KING STREET of £226,000 on 15th December 2023. For the value to have increased from £226,000 to £238,564 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 24 KING STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2023 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 24 KING STREET has not materially changed since December 2023.

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 houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scalford, and where 24 KING STREET lies on this distribution: 21% of detached houses 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.