31, WALTHAM RISE, MELTON MOWBRAY, LE13 1EJ - £370,000

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

31 WALTHAM RISE is a large extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £370,000 in March 2023, which was about the average March 2023 detached price in the Melton local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

31 WALTHAM RISE Sold Prices

Land registry data shows two sales for 31 WALTHAM RISE 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 WALTHAM RISE sales was roughly equal to 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
2023 3 MAR	£370,000	£369,559	Close to HPI
1996 12 JUL	£80,250	£83,334	4% below HPI

31 WALTHAM RISE 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 WALTHAM RISE sales from July 1996 and March 2023 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 July 1996 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 31 WALTHAM RISE?

31 WALTHAM RISE is 121m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 40% 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 WALTHAM RISE lies on this distribution: 63% of detached houses are smaller than 31 WALTHAM RISE, and 36% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

31 WALTHAM RISE: Plot and Title Map

31 WALTHAM RISE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 31 WALTHAM RISE, 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 WALTHAM RISE). 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 WALTHAM RISE?

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