29, MELTON AVENUE, LEICESTER, LE4 7SE - £255,000

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

29 MELTON AVENUE is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £255,000 in January 2020, which was around 19% below the average January 2020 detached price in the Leicester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

29 MELTON AVENUE Sold Prices

Land registry data shows three sales for 29 MELTON 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 Leicester local authority area for the corresponding sale date. All of the three 29 MELTON AVENUE 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
2020 8 JAN	£255,000	£314,405	19% below HPI
2016 15 APR	£170,000	£249,009	32% below HPI
2005 22 JUL	£133,500	£201,903	34% below HPI

29 MELTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The three 29 MELTON AVENUE sales between July 2005 and January 2020 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 April 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2020 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 29 MELTON AVENUE?

29 MELTON AVENUE is 70m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 29 MELTON AVENUE lies on this distribution: 7% of detached houses are smaller than 29 MELTON AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

29 MELTON AVENUE: Plot and Title Map

29 MELTON AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 29 MELTON 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 29 MELTON 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 29 MELTON AVENUE?

29 MELTON AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 29 on MELTON AVENUE.