4, CAMBRIDGE AVENUE, MELTON MOWBRAY, LE13 0AA - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 CAMBRIDGE AVENUE is a very large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £335,000 in September 2018, which was around 3% above the average September 2018 detached price in the Melton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

4 CAMBRIDGE AVENUE Sold Prices

Land registry data shows two sales for 4 CAMBRIDGE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 4 CAMBRIDGE AVENUE 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
2018 17 SEP	£335,000	£325,757	3% above HPI
2011 8 JUL	£230,000	£220,446	4% above HPI

4 CAMBRIDGE 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 two 4 CAMBRIDGE AVENUE sales from July 2011 and September 2018 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 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 4 CAMBRIDGE AVENUE?

4 CAMBRIDGE AVENUE is 166m², which includes four extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% 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 4 CAMBRIDGE AVENUE lies on this distribution: 90% of detached houses are smaller than 4 CAMBRIDGE AVENUE, and 9% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 CAMBRIDGE AVENUE: Plot and Title Map

4 CAMBRIDGE AVENUE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 4 CAMBRIDGE 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 4 CAMBRIDGE 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 4 CAMBRIDGE AVENUE?

4 CAMBRIDGE AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 4 on CAMBRIDGE AVENUE.