31, HORSEGUARDS WAY, MELTON MOWBRAY, LE13 0SU - £280,000

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

31 HORSEGUARDS WAY is a large extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £280,000 in December 2014, which was around 9% above the average December 2014 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

31 HORSEGUARDS WAY Sold Prices

Land registry data shows three sales for 31 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 31 HORSEGUARDS WAY 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
2014 5 DEC	£280,000	£257,038	9% above HPI
2006 13 OCT	£270,000	£225,959	19% above HPI
2003 29 OCT	£214,950	£196,003	10% above HPI

31 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 31 HORSEGUARDS WAY sales between October 2003 and December 2014 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 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2014 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 31 HORSEGUARDS WAY?

31 HORSEGUARDS WAY is 130m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 30% 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 31 HORSEGUARDS WAY lies on this distribution: 71% of detached houses are smaller than 31 HORSEGUARDS WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

31 HORSEGUARDS WAY: Plot and Title Map

31 HORSEGUARDS WAY sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 31 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 31 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 31 HORSEGUARDS WAY?

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