3A, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £360,000

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

3A MELTON ROAD is a very large detached house of 207m², built sometime between 1991 and 1995. It was last sold for £360,000 in May 2013, which was around 24% above the average May 2013 detached price in the Rutland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

3A MELTON ROAD Sold Prices

Land registry data shows four sales for 3A MELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 3A MELTON ROAD sales were for above 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
2013 31 MAY	£360,000	£290,590	24% above HPI
2001 6 JUL	£220,000	£158,646	39% above HPI
2000 31 JUL	£183,000	£146,545	25% above HPI
1996 29 AUG	£138,000	£97,341	42% above HPI

3A MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The four 3A MELTON ROAD sales between August 1996 and May 2013 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 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the May 2013 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3A MELTON ROAD?

3A MELTON ROAD is 207m² according to the EPC inspection conducted in January 2012. This puts it in the largest 20% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 3A MELTON ROAD lies on this distribution: 86% of detached houses are smaller than 3A MELTON ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

3A MELTON ROAD: Plot and Title Map

3A MELTON ROAD sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of 3A MELTON 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 3A MELTON 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 3A MELTON ROAD?

3A MELTON ROAD is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 3A on MELTON ROAD.