3, HUNTERS ROAD, MELTON MOWBRAY, LE13 1HE - £275,000

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.

3 HUNTERS ROAD is a midsized extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £312,704. It was last sold for £275,000 in February 2021, which was around 22% below the average February 2021 detached price in the Melton local authority area. The most recent EPC inspection was December 2013, where the current energy rating was E, and the potential energy rating was C.

3 HUNTERS ROAD Sold Prices

Land registry data shows two sales for 3 HUNTERS 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 3 HUNTERS 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
2021 26 FEB	£275,000	£351,394	22% below HPI
2014 12 AUG	£195,000	£264,504	26% below HPI

3 HUNTERS 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 3 HUNTERS ROAD sales from August 2014 and February 2021 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 August 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 HUNTERS ROAD be worth now?

3 HUNTERS ROAD might now be worth an estimated £312,704.

This is based on house price inflation of 13.7%, between February 2021 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 3 HUNTERS ROAD of £275,000 on 26th February 2021. For the value to have increased from £275,000 to £312,704 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 HUNTERS ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HUNTERS ROAD has not materially changed since February 2021.

How Large is 3 HUNTERS ROAD?

3 HUNTERS ROAD is 107m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 50% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 3 HUNTERS ROAD lies on this distribution: 48% of detached houses houses are smaller than 3 HUNTERS ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 HUNTERS ROAD: Plot and Title Map

3 HUNTERS ROAD sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 3 HUNTERS 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 3 HUNTERS 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 3 HUNTERS ROAD?

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