38, VICTORIA STREET, MELTON MOWBRAY, LE13 0AS - £185,500

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.

38 VICTORIA STREET is a small terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £192,236. It was last sold for £185,500 in December 2021, which was around 3% above the average December 2021 terraced price in the Melton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

38 VICTORIA STREET Sold Prices

Land registry data shows three sales for 38 VICTORIA STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. One of the three 38 VICTORIA STREET sales was for above the average price, whilst two 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
2021 17 DEC	£185,500	£179,674	3% above HPI
2015 7 JUL	£109,000	£139,145	22% below HPI
2001 8 JUN	£49,000	£58,199	16% below HPI

38 VICTORIA STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The three 38 VICTORIA STREET sales between June 2001 and December 2021 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 July 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2021 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 38 VICTORIA STREET be worth now?

38 VICTORIA STREET might now be worth an estimated £192,236.

This is based on house price inflation of 3.6%, between December 2021 and July 2025, for terraced 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 3.6% inflationary increase is applied to the most recent sale price for 38 VICTORIA STREET of £185,500 on 17th December 2021. For the value to have increased from £185,500 to £192,236 over the four years and five months to July 2025, the following assumptions must hold true:

• The value of 38 VICTORIA STREET has moved in line with the HPI for terraced houses in the Melton local authority area.
• The December 2021 sale price of £185,500 represented a fair market value for the property.
• The size, condition, and specification of 38 VICTORIA STREET has not materially changed since December 2021.

How Large is 38 VICTORIA STREET?

38 VICTORIA STREET is 88m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 38 VICTORIA STREET lies on this distribution: 25% of terraced houses houses are smaller than 38 VICTORIA STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

38 VICTORIA STREET: Plot and Title Map

38 VICTORIA STREET sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 38 VICTORIA 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 VICTORIA 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 VICTORIA STREET?

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