24, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £140,000

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 MELTON ROAD is a small extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £140,000 in May 2000, which was around 6% above the average May 2000 detached price in the Rutland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

24 MELTON ROAD Sold Prices

Land registry data shows two sales for 24 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. One of the two 24 MELTON ROAD sales was for above the average price, whilst the other was 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
2000 25 MAY	£140,000	£132,044	6% above HPI
1996 12 JAN	£87,000	£94,061	8% below HPI

24 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 24 MELTON ROAD sales from January 1996 and May 2000 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 January 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2000 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 MELTON ROAD?

24 MELTON ROAD is 128m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 24 MELTON ROAD lies on this distribution: 39% of detached houses are smaller than 24 MELTON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

24 MELTON ROAD: Plot and Title Map

24 MELTON ROAD sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of 24 MELTON ROAD, 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 MELTON ROAD). 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 MELTON ROAD?

24 MELTON ROAD is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 24 on MELTON ROAD.