2A, MELROSE ROAD, THRINGSTONE, COALVILLE, LE67 8NF - £189,000

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.

2A MELROSE ROAD is a very small detached house of 63m², which could now be worth an estimated £248,261. It was last sold for £189,000 in March 2020, which was around 38% below the average March 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

2A MELROSE ROAD Sold Prices

Land registry data shows two sales for 2A MELROSE 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 2A MELROSE 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
2020 20 MAR	£189,000	£302,535	38% below HPI
2016 2 SEP	£40,000	£265,715	85% below HPI

2A MELROSE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 2A MELROSE ROAD sales from September 2016 and March 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 September 2016 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the March 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2A MELROSE ROAD be worth now?

2A MELROSE ROAD might now be worth an estimated £248,261.

This is based on house price inflation of 31.4%, between March 2020 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.4% inflationary increase is applied to the most recent sale price for 2A MELROSE ROAD of £189,000 on 20th March 2020. For the value to have increased from £189,000 to £248,261 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2A MELROSE ROAD has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The March 2020 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 2A MELROSE ROAD has not materially changed since March 2020.

How Large is 2A MELROSE ROAD?

2A MELROSE ROAD is 63m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses houses in Thringstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thringstone, and where 2A MELROSE ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 2A MELROSE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Thringstone.

2A MELROSE ROAD: Plot and Title Map

2A MELROSE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2A MELROSE 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 2A MELROSE 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 2A MELROSE ROAD?

2A MELROSE ROAD is located in THRINGSTONE, in the LE67 postcode district. The below map shows the position of No. 2A on MELROSE ROAD.