39, KESTREL ROAD, MELTON MOWBRAY, LE13 0AY - £160,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

39 KESTREL ROAD is a midsized extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £160,000 in August 2021, which was around 53% below the average August 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

39 KESTREL ROAD Sold Prices

Land registry data shows five sales for 39 KESTREL ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 39 KESTREL ROAD 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
2021 20 AUG	£160,000	£340,494	53% below HPI
2021 11 JUN	£140,000	£341,817	59% below HPI
2016 19 AUG	£149,950	£281,617	47% below HPI
2014 29 MAY	£125,000	£236,235	47% below HPI
1999 3 JUN	£47,000	£97,410	52% below HPI

39 KESTREL ROAD 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 five 39 KESTREL ROAD sales between June 1999 and August 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 June 2021 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2021 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 39 KESTREL ROAD?

39 KESTREL ROAD is 106m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the smallest 50% 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 KESTREL ROAD lies on this distribution: 47% of detached houses are smaller than 39 KESTREL ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

39 KESTREL ROAD: Plot and Title Map

39 KESTREL ROAD sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 39 KESTREL ROAD, 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 KESTREL ROAD). 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 KESTREL ROAD?

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