32, MELTON AVENUE, LEICESTER, LE4 7SD - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 MELTON AVENUE is a very small extended detached house of 70m², built sometime between 1930 and 1949. It was last sold for £170,000 in October 2015, which was around 30% below the average October 2015 detached price in the Leicester local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

32 MELTON AVENUE Sold Prices

Land registry data shows two sales for 32 MELTON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 32 MELTON AVENUE 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
2015 19 OCT	£170,000	£242,312	30% below HPI
2011 15 JUL	£124,000	£202,567	39% below HPI

32 MELTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 32 MELTON AVENUE sales from July 2011 and October 2015 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 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 32 MELTON AVENUE?

32 MELTON AVENUE is 70m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 32 MELTON AVENUE lies on this distribution: 7% of detached houses are smaller than 32 MELTON AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Leicester.

32 MELTON AVENUE: Plot and Title Map

32 MELTON AVENUE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 32 MELTON 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 32 MELTON 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 32 MELTON AVENUE?

32 MELTON AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 32 on MELTON AVENUE.