32, MAIN ROAD, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3HB - £230,000

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

32 MAIN ROAD is a small extended detached house of 115m², built sometime before 1900, which could now be worth an estimated £283,610. It was last sold for £230,000 in February 2019, which was around 29% below the average February 2019 detached price in the Melton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

32 MAIN ROAD Sold Prices

Land registry data shows three sales for 32 MAIN ROAD 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 32 MAIN ROAD sales were 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
2019 22 FEB	£230,000	£324,042	29% below HPI
2016 1 DEC	£205,000	£296,222	31% below HPI
2007 15 JUN	£130,000	£256,182	49% below HPI

32 MAIN 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 three 32 MAIN ROAD sales between June 2007 and February 2019 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 December 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 32 MAIN ROAD be worth now?

32 MAIN ROAD might now be worth an estimated £283,610.

This is based on house price inflation of 23.3%, between February 2019 and February 2025, 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 23.3% inflationary increase is applied to the most recent sale price for 32 MAIN ROAD of £230,000 on 22nd February 2019. For the value to have increased from £230,000 to £283,610 over the six years to February 2025, the following assumptions must hold true:

• The value of 32 MAIN ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MAIN ROAD has not materially changed since February 2019.

How Large is 32 MAIN ROAD?

32 MAIN ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% of detached houses houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Broughton, and where 32 MAIN ROAD lies on this distribution: 31% of detached houses houses are smaller than 32 MAIN ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

32 MAIN ROAD: Plot and Title Map

32 MAIN ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 32 MAIN 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 32 MAIN 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 32 MAIN ROAD?

32 MAIN ROAD is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 32 on MAIN ROAD.