28, MASON ROAD, MELTON MOWBRAY, LE13 1NF - £242,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 MASON ROAD is a small detached house of 88m². It was last sold for £242,500 in May 2018, which was around 20% below the average May 2018 detached price in the Melton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

28 MASON ROAD Sold Prices

Land registry data shows two sales for 28 MASON 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 Melton local authority area for the corresponding sale date. Both of the two 28 MASON 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
2018 18 MAY	£242,500	£303,958	20% below HPI
2015 18 SEP	£224,995	£269,434	16% below HPI

28 MASON 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 two 28 MASON ROAD sales from September 2015 and May 2018 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 September 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 MASON ROAD?

28 MASON ROAD is 88m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 28 MASON ROAD lies on this distribution: 25% of detached houses are smaller than 28 MASON ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

28 MASON ROAD: Plot and Title Map

28 MASON ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 28 MASON 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 28 MASON 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 28 MASON ROAD?

28 MASON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 28 on MASON ROAD.