31, FIRWOOD ROAD, MELTON MOWBRAY, LE13 1SA - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 FIRWOOD ROAD is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £405,000 in April 2022, which was around 14% above the average April 2022 detached price in the Melton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

31 FIRWOOD ROAD Sold Prices

Land registry data shows two sales for 31 FIRWOOD 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 31 FIRWOOD ROAD sales was for above the average price, whilst the other was 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
2022 6 APR	£405,000	£354,686	14% above HPI
2014 31 OCT	£230,000	£267,829	14% below HPI

31 FIRWOOD 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 31 FIRWOOD ROAD sales from October 2014 and April 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 October 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 31 FIRWOOD ROAD be worth now?

31 FIRWOOD ROAD might now be worth an estimated £454,609.

This is based on house price inflation of 12.2%, between April 2022 and December 2024, 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 12.2% inflationary increase is applied to the most recent sale price for 31 FIRWOOD ROAD of £405,000 on 6th April 2022. For the value to have increased from £405,000 to £454,609 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 31 FIRWOOD ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 31 FIRWOOD ROAD has not materially changed since April 2022.

How Large is 31 FIRWOOD ROAD?

31 FIRWOOD ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in October 2021. 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 31 FIRWOOD ROAD lies on this distribution: 46% of detached houses houses are smaller than 31 FIRWOOD ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

31 FIRWOOD ROAD: Plot and Title Map

31 FIRWOOD ROAD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 31 FIRWOOD 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 31 FIRWOOD 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 31 FIRWOOD ROAD?

31 FIRWOOD ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 31 on FIRWOOD ROAD.