38, MELTON STREET, EARL SHILTON, LEICESTER, LE9 7FP - £255,000

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

38 MELTON STREET is a midsized detached house of 108m², built sometime between 2007 and 2011. It was last sold for £255,000 in August 2022, which was around 38% below the average August 2022 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

38 MELTON STREET Sold Prices

Land registry data shows four sales for 38 MELTON STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the four 38 MELTON STREET 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
2022 1 AUG	£255,000	£409,046	38% below HPI
2017 11 AUG	£200,000	£291,963	31% below HPI
2015 12 FEB	£45,000	£241,141	81% below HPI
2001 15 JAN	£43,500	£118,115	63% below HPI

38 MELTON STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The four 38 MELTON STREET sales between January 2001 and August 2022 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2022 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 38 MELTON STREET?

38 MELTON STREET is 108m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Earl Shilton, based on EPC data. The below chart shows the distribution of detached houses by size in Earl Shilton, and where 38 MELTON STREET lies on this distribution: 50% of detached houses are smaller than 38 MELTON STREET, and 50% of houses are larger. Note that EPC data is not available for all properties in Earl Shilton.

38 MELTON STREET: Plot and Title Map

38 MELTON STREET sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 38 MELTON STREET, 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 MELTON STREET). 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 MELTON STREET?

38 MELTON STREET is located in EARL SHILTON, in the LE9 postcode district. The below map shows the position of No. 38 on MELTON STREET.