39, ELMHURST AVENUE, MELTON MOWBRAY, LE13 0SG - £231,500

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

39 ELMHURST AVENUE is a very small extended detached house of 80m², built sometime between 1950 and 1966. It was last sold for £231,500 in March 2022, which was around 32% below the average March 2022 detached price in the Melton local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

39 ELMHURST AVENUE Sold Prices

Land registry data shows three sales for 39 ELMHURST AVENUE 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 39 ELMHURST AVENUE 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 3 MAR	£231,500	£341,975	32% below HPI
2017 6 OCT	£185,000	£303,426	39% below HPI
2014 4 JUL	£160,000	£249,270	36% below HPI

39 ELMHURST AVENUE 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 39 ELMHURST AVENUE sales between July 2014 and March 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 October 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 39 ELMHURST AVENUE?

39 ELMHURST AVENUE is 80m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 39 ELMHURST AVENUE lies on this distribution: 14% of detached houses are smaller than 39 ELMHURST AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

39 ELMHURST AVENUE: Plot and Title Map

39 ELMHURST AVENUE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 39 ELMHURST AVENUE, 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 39 ELMHURST AVENUE). 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 39 ELMHURST AVENUE?

39 ELMHURST AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 39 on ELMHURST AVENUE.