37, WALTHAM RISE, MELTON MOWBRAY, LE13 1EJ - £260,000

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

37 WALTHAM RISE is a large extended detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £323,562. It was last sold for £260,000 in January 2019, which was around 19% below the average January 2019 detached price in the Melton local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

37 WALTHAM RISE Sold Prices

Land registry data shows two sales for 37 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. Both of the two 37 WALTHAM RISE 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 4 JAN	£260,000	£319,921	19% below HPI
2017 18 AUG	£219,500	£307,148	29% below HPI

37 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 37 WALTHAM RISE sales from August 2017 and January 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 August 2017 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 37 WALTHAM RISE be worth now?

37 WALTHAM RISE might now be worth an estimated £323,562.

This is based on house price inflation of 24.4%, between January 2019 and December 2024, 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 24.4% inflationary increase is applied to the most recent sale price for 37 WALTHAM RISE of £260,000 on 4th January 2019. For the value to have increased from £260,000 to £323,562 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 37 WALTHAM RISE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 37 WALTHAM RISE has not materially changed since January 2019.

How Large is 37 WALTHAM RISE?

37 WALTHAM RISE is 129m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 37 WALTHAM RISE lies on this distribution: 71% of detached houses houses are smaller than 37 WALTHAM RISE, and 28% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

37 WALTHAM RISE: Plot and Title Map

37 WALTHAM RISE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 37 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 37 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 37 WALTHAM RISE?

37 WALTHAM RISE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 37 on WALTHAM RISE.