24, NOTTINGHAM ROAD, MELTON MOWBRAY, LE13 0NP - £275,000

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 NOTTINGHAM ROAD is a very large extended detached house of 147m², built sometime between 1930 and 1949. It was last sold for £275,000 in March 2022, which was around 20% below the average March 2022 detached price in the Melton local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

24 NOTTINGHAM ROAD Sold Prices

Land registry data shows four sales for 24 NOTTINGHAM ROAD 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 NOTTINGHAM ROAD 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
2022 31 MAR	£275,000	£341,975	20% below HPI
2006 18 AUG	£186,000	£227,898	18% below HPI
2004 24 MAR	£155,000	£202,814	24% below HPI
2000 25 AUG	£118,000	£113,271	4% above HPI

24 NOTTINGHAM ROAD 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 NOTTINGHAM ROAD sales between August 2000 and March 2022 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 NOTTINGHAM ROAD?

24 NOTTINGHAM ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 20% 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 NOTTINGHAM ROAD lies on this distribution: 83% of detached houses are smaller than 24 NOTTINGHAM ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

24 NOTTINGHAM ROAD: Plot and Title Map

24 NOTTINGHAM ROAD sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 24 NOTTINGHAM 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 NOTTINGHAM 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 NOTTINGHAM ROAD?

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