26, MEADOW WAY, MELTON MOWBRAY, LE13 1DT - £250,000

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

26 MEADOW WAY is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £250,000 in June 2021, which was around 27% below the average June 2021 detached price in the Melton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

26 MEADOW WAY Sold Prices

Land registry data shows four sales for 26 MEADOW WAY 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. All of the four 26 MEADOW WAY 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
2021 29 JUN	£250,000	£341,817	27% below HPI
2019 10 JAN	£237,000	£308,445	23% below HPI
2007 20 SEP	£191,000	£265,194	28% below HPI
1999 27 MAY	£86,500	£93,975	8% below HPI

26 MEADOW WAY 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 MEADOW WAY sales between May 1999 and June 2021 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 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 26 MEADOW WAY?

26 MEADOW WAY is 93m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 40% 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 MEADOW WAY lies on this distribution: 33% of detached houses are smaller than 26 MEADOW WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

26 MEADOW WAY: Plot and Title Map

26 MEADOW WAY sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 26 MEADOW WAY, 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 MEADOW WAY). 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 MEADOW WAY?

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