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
36 MAIN ROAD is a midsized extended detached house of 161m², built sometime before 1900. It was last sold for £269,500 in July 2014, which was around 8% above the average July 2014 detached price in the Melton local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 36 MAIN ROAD since 1st 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. Most of the four 36 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 |
---|---|---|---|
2014 22 JUL | £269,500 | £249,270 | 8% above HPI |
2010 30 APR | £164,500 | £230,727 | 29% below HPI |
2002 12 APR | £92,500 | £143,407 | 35% below HPI |
1998 9 JAN | £66,500 | £98,963 | 33% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The four 36 MAIN ROAD sales between January 1998 and July 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 April 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
36 MAIN ROAD is 161m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Broughton, and where 36 MAIN ROAD lies on this distribution: 53% of detached houses are smaller than 36 MAIN ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.
36 MAIN ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 36 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 36 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.
36 MAIN ROAD is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 36 on MAIN ROAD.