3, PALMERSTON ROAD, MELTON MOWBRAY, LE13 0SS - £197,000

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 PALMERSTON ROAD is a midsized extended detached house of 107m², built sometime between 1930 and 1949. It was last sold for £197,000 in November 2009, which was around 11% below the average November 2009 detached price in the Melton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was E.

3 PALMERSTON ROAD Sold Prices

Land registry data shows two sales for 3 PALMERSTON 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. One of the two 3 PALMERSTON ROAD sales was for below the average price, whilst the other was 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
2009 20 NOV	£197,000	£221,498	11% below HPI
2005 2 SEP	£229,000	£225,181	2% above HPI

3 PALMERSTON 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 PALMERSTON ROAD sales from September 2005 and November 2009 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 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2009 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 PALMERSTON ROAD?

3 PALMERSTON ROAD is 107m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% 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 PALMERSTON ROAD lies on this distribution: 48% of detached houses are smaller than 3 PALMERSTON ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 PALMERSTON ROAD: Plot and Title Map

3 PALMERSTON ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 3 PALMERSTON 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 PALMERSTON 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 PALMERSTON ROAD?

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