4, HAMILTON PLACE, MELTON MOWBRAY, LE13 0LX - £720,000

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 HAMILTON PLACE is a very large detached house of 306m², which could now be worth an estimated £830,745. It was last sold for £720,000 in November 2020, which was around 108% above the average November 2020 detached price in the Melton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was B.

4 HAMILTON PLACE Sold Prices

Land registry data shows three sales for 4 HAMILTON PLACE 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. Two of the three 4 HAMILTON PLACE sales were for above the average price, whilst one was 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
2020 12 NOV	£720,000	£346,306	108% above HPI
2014 31 JUL	£210,000	£258,545	19% below HPI
2005 24 OCT	£267,500	£235,596	14% above HPI

4 HAMILTON PLACE 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 4 HAMILTON PLACE sales between October 2005 and November 2020 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 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 4 HAMILTON PLACE be worth now?

4 HAMILTON PLACE might now be worth an estimated £830,745.

This is based on house price inflation of 15.4%, between November 2020 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 15.4% inflationary increase is applied to the most recent sale price for 4 HAMILTON PLACE of £720,000 on 12th November 2020. For the value to have increased from £720,000 to £830,745 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 HAMILTON PLACE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2020 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HAMILTON PLACE has not materially changed since November 2020.

How Large is 4 HAMILTON PLACE?

4 HAMILTON PLACE is 306m² according to the EPC inspection conducted in July 2018. This puts it in the largest 10% 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 4 HAMILTON PLACE lies on this distribution: More than 99% of detached houses houses are smaller than 4 HAMILTON PLACE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 HAMILTON PLACE: Plot and Title Map

4 HAMILTON PLACE sits on a plot of roughly 0.188 of an acre, or 761m². The below map shows the location of 4 HAMILTON PLACE, 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 HAMILTON PLACE). 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 HAMILTON PLACE?

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