3, BEECHWOOD AVENUE, MELTON MOWBRAY, LE13 1RT - £500,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 BEECHWOOD AVENUE is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £500,000 in January 2024, which was around 34% above the average January 2024 detached price in the Melton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

3 BEECHWOOD AVENUE Sold Prices

Land registry data shows two sales for 3 BEECHWOOD AVENUE 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 3 BEECHWOOD AVENUE sales were for above 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
2024 31 JAN	£500,000	£371,963	34% above HPI
2020 3 SEP	£390,000	£330,548	18% above HPI

3 BEECHWOOD 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 two 3 BEECHWOOD AVENUE sales from September 2020 and January 2024 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 2020 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 3 BEECHWOOD AVENUE?

3 BEECHWOOD AVENUE is 137m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 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 3 BEECHWOOD AVENUE lies on this distribution: 78% of detached houses are smaller than 3 BEECHWOOD AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 BEECHWOOD AVENUE: Plot and Title Map

3 BEECHWOOD AVENUE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of 3 BEECHWOOD 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 3 BEECHWOOD 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 3 BEECHWOOD AVENUE?

3 BEECHWOOD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 3 on BEECHWOOD AVENUE.