26, GLOUCESTER AVENUE, MELTON MOWBRAY, LE13 0AG - £382,500

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

26 GLOUCESTER AVENUE is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £382,500 in October 2023, which was about the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

26 GLOUCESTER AVENUE Sold Prices

Land registry data shows four sales for 26 GLOUCESTER AVENUE 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. The four 26 GLOUCESTER AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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 12 OCT	£382,500	£383,219	Close to HPI
2021 26 MAR	£375,000	£328,652	14% above HPI
2016 2 DEC	£330,000	£285,596	16% above HPI
2012 5 NOV	£205,000	£242,078	15% below HPI

26 GLOUCESTER 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 four 26 GLOUCESTER AVENUE sales between November 2012 and October 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 March 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 26 GLOUCESTER AVENUE?

26 GLOUCESTER AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 26 GLOUCESTER AVENUE lies on this distribution: 53% of detached houses are smaller than 26 GLOUCESTER AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

26 GLOUCESTER AVENUE: Plot and Title Map

26 GLOUCESTER AVENUE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 26 GLOUCESTER 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 26 GLOUCESTER 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 26 GLOUCESTER AVENUE?

26 GLOUCESTER AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 26 on GLOUCESTER AVENUE.