3, HORSEGUARDS WAY, MELTON MOWBRAY, LE13 0SU - £180,000

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 HORSEGUARDS WAY is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £180,000 in August 2011, which was around 21% below the average August 2011 detached price in the Melton local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

3 HORSEGUARDS WAY Sold Prices

Land registry data shows three sales for 3 HORSEGUARDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 3 HORSEGUARDS 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
2011 26 AUG	£180,000	£228,820	21% below HPI
2004 5 NOV	£188,500	£225,243	16% below HPI
2004 23 MAR	£176,500	£202,814	13% below HPI

3 HORSEGUARDS 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 three 3 HORSEGUARDS WAY sales between March 2004 and August 2011 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 November 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 HORSEGUARDS WAY?

3 HORSEGUARDS WAY is 98m² according to the EPC inspection conducted in May 2011. 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 3 HORSEGUARDS WAY lies on this distribution: 38% of detached houses are smaller than 3 HORSEGUARDS WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 HORSEGUARDS WAY: Plot and Title Map

3 HORSEGUARDS WAY sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 HORSEGUARDS 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 3 HORSEGUARDS 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 3 HORSEGUARDS WAY?

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