38, HONEYSUCKLE WAY, MELTON MOWBRAY, LE13 0FU - £149,000

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

38 HONEYSUCKLE WAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £149,000 in October 2013, which was around 40% below the average October 2013 detached price in the Melton local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

38 HONEYSUCKLE WAY Sold Prices

Land registry data shows three sales for 38 HONEYSUCKLE WAY 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 38 HONEYSUCKLE WAY 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
2013 18 OCT	£149,000	£249,081	40% below HPI
2004 10 MAR	£147,000	£210,360	30% below HPI
2000 15 MAR	£84,950	£111,363	24% below HPI

38 HONEYSUCKLE WAY 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 38 HONEYSUCKLE WAY sales between March 2000 and October 2013 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 March 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2013 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 38 HONEYSUCKLE WAY be worth now?

38 HONEYSUCKLE WAY might now be worth an estimated £238,162.

This is based on house price inflation of 59.8%, between October 2013 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 59.8% inflationary increase is applied to the most recent sale price for 38 HONEYSUCKLE WAY of £149,000 on 18th October 2013. For the value to have increased from £149,000 to £238,162 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 38 HONEYSUCKLE WAY has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2013 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HONEYSUCKLE WAY has not materially changed since October 2013.

How Large is 38 HONEYSUCKLE WAY?

38 HONEYSUCKLE WAY is 91m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 40% 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 38 HONEYSUCKLE WAY lies on this distribution: 30% of detached houses houses are smaller than 38 HONEYSUCKLE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

38 HONEYSUCKLE WAY: Plot and Title Map

38 HONEYSUCKLE WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 38 HONEYSUCKLE WAY, 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 38 HONEYSUCKLE WAY). 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 38 HONEYSUCKLE WAY?

38 HONEYSUCKLE WAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 38 on HONEYSUCKLE WAY.