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

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.

39 ELMHURST AVENUE is a very small extended detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £260,787. It was last sold for £231,500 in March 2022, which was around 35% 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	£354,699	35% below HPI
2017 6 OCT	£185,000	£314,716	41% below HPI
2014 4 JUL	£160,000	£258,545	38% 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 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 39 ELMHURST AVENUE be worth now?

39 ELMHURST AVENUE might now be worth an estimated £260,787.

This is based on house price inflation of 12.7%, between March 2022 and February 2025, 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 12.7% inflationary increase is applied to the most recent sale price for 39 ELMHURST AVENUE of £231,500 on 3rd March 2022. For the value to have increased from £231,500 to £260,787 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 39 ELMHURST AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2022 sale price of £231,500 represented a fair market value for the property.
• The size, condition, and specification of 39 ELMHURST AVENUE has not materially changed since March 2022.

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 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 39 ELMHURST AVENUE lies on this distribution: 14% of detached houses 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.