34, MAIN ROAD, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3HB - £203,800

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 MAIN ROAD is a very small extended detached house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £251,343. It was last sold for £203,800 in November 2019, which was around 37% below the average November 2019 detached price in the Melton local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was A.

34 MAIN ROAD Sold Prices

Land registry data shows four sales for 34 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 34 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 8 NOV	£203,800	£323,991	37% below HPI
2017 8 SEP	£199,955	£311,982	36% below HPI
2011 24 OCT	£165,000	£248,289	34% below HPI
1997 31 OCT	£46,000	£89,651	49% below HPI

34 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 four 34 MAIN ROAD sales between October 1997 and November 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 September 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 34 MAIN ROAD be worth now?

34 MAIN ROAD might now be worth an estimated £251,343.

This is based on house price inflation of 23.3%, between November 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 34 MAIN ROAD of £203,800 on 8th November 2019. For the value to have increased from £203,800 to £251,343 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 34 MAIN ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2019 sale price of £203,800 represented a fair market value for the property.
• The size, condition, and specification of 34 MAIN ROAD has not materially changed since November 2019.

How Large is 34 MAIN ROAD?

34 MAIN ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 34 MAIN ROAD lies on this distribution: 4% of detached houses houses are smaller than 34 MAIN ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

34 MAIN ROAD: Plot and Title Map

34 MAIN ROAD sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 34 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 34 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 34 MAIN ROAD?

34 MAIN ROAD is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 34 on MAIN ROAD.