4, GLADSTONE AVENUE, MELTON MOWBRAY, LE13 0NG - £230,000

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.

4 GLADSTONE AVENUE is a very small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £288,558. It was last sold for £230,000 in September 2019, which was around 18% above the average September 2019 semi-detached price in the Melton local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was A.

4 GLADSTONE AVENUE Sold Prices

Land registry data shows six sales for 4 GLADSTONE AVENUE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the six 4 GLADSTONE 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
2019 20 SEP	£230,000	£195,479	18% above HPI
2018 30 NOV	£217,000	£190,518	14% above HPI
2015 6 MAR	£169,950	£158,231	7% above HPI
2008 24 JAN	£180,000	£158,818	13% above HPI
2004 19 MAY	£163,750	£130,131	26% above HPI
1997 22 AUG	£52,500	£50,979	3% above HPI

4 GLADSTONE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The six 4 GLADSTONE AVENUE sales between August 1997 and September 2019 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 November 2018 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2019 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 4 GLADSTONE AVENUE be worth now?

4 GLADSTONE AVENUE might now be worth an estimated £288,558.

This is based on house price inflation of 25.5%, between September 2019 and February 2025, for semi-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 25.5% inflationary increase is applied to the most recent sale price for 4 GLADSTONE AVENUE of £230,000 on 20th September 2019. For the value to have increased from £230,000 to £288,558 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 GLADSTONE AVENUE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The September 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GLADSTONE AVENUE has not materially changed since September 2019.

How Large is 4 GLADSTONE AVENUE?

4 GLADSTONE AVENUE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 4 GLADSTONE AVENUE lies on this distribution: 15% of semi-detached houses houses are smaller than 4 GLADSTONE AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 GLADSTONE AVENUE: Plot and Title Map

4 GLADSTONE AVENUE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 4 GLADSTONE 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 GLADSTONE 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 GLADSTONE AVENUE?

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