3, QUORN AVENUE, MELTON MOWBRAY, LE13 0JE - £466,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 QUORN AVENUE is a very small extended detached house of 84m², built sometime between 1900 and 1929. It was last sold for £466,500 in October 2022, which was around 23% above the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

3 QUORN AVENUE Sold Prices

Land registry data shows five sales for 3 QUORN AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the five 3 QUORN 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
2022 14 OCT	£466,500	£379,403	23% above HPI
2019 1 APR	£347,000	£312,451	11% above HPI
2016 4 JUL	£287,500	£280,183	3% above HPI
2003 26 AUG	£193,000	£189,447	2% above HPI
1996 1 NOV	£85,000	£89,834	5% below HPI

3 QUORN 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 five 3 QUORN AVENUE sales between November 1996 and October 2022 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 April 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 3 QUORN AVENUE?

3 QUORN AVENUE is 84m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 QUORN AVENUE lies on this distribution: 19% of detached houses are smaller than 3 QUORN AVENUE, and 80% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 QUORN AVENUE: Plot and Title Map

3 QUORN AVENUE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 3 QUORN 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 QUORN 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 QUORN AVENUE?

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