25, CAMBRIDGE AVENUE, MELTON MOWBRAY, LE13 0AA - £337,500

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.

25 CAMBRIDGE AVENUE is a midsized extended detached house of 111m², built sometime between 1950 and 1966, which could now be worth an estimated £416,232. It was last sold for £337,500 in November 2019, which was around 4% above the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was D.

25 CAMBRIDGE AVENUE Sold Prices

Land registry data shows three sales for 25 CAMBRIDGE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the three 25 CAMBRIDGE AVENUE sales was for above the average price, whilst two 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
2019 29 NOV	£337,500	£323,991	4% above HPI
2014 14 NOV	£230,000	£267,205	14% below HPI
2011 24 AUG	£200,000	£237,334	16% below HPI

25 CAMBRIDGE 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 three 25 CAMBRIDGE AVENUE sales between August 2011 and November 2019 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 25 CAMBRIDGE AVENUE be worth now?

25 CAMBRIDGE AVENUE might now be worth an estimated £416,232.

This is based on house price inflation of 23.3%, between November 2019 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 23.3% inflationary increase is applied to the most recent sale price for 25 CAMBRIDGE AVENUE of £337,500 on 29th November 2019. For the value to have increased from £337,500 to £416,232 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 25 CAMBRIDGE AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2019 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 25 CAMBRIDGE AVENUE has not materially changed since November 2019.

How Large is 25 CAMBRIDGE AVENUE?

25 CAMBRIDGE AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 25 CAMBRIDGE AVENUE lies on this distribution: 53% of detached houses houses are smaller than 25 CAMBRIDGE AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

25 CAMBRIDGE AVENUE: Plot and Title Map

25 CAMBRIDGE AVENUE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 25 CAMBRIDGE 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 25 CAMBRIDGE 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 25 CAMBRIDGE AVENUE?

25 CAMBRIDGE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 25 on CAMBRIDGE AVENUE.