4, LONGWILL AVENUE, MELTON MOWBRAY, LE13 1UR - £295,000

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

4 LONGWILL AVENUE is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £295,000 in October 2023, which was around 23% below the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

4 LONGWILL AVENUE Sold Prices

Land registry data shows five sales for 4 LONGWILL AVENUE 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 4 LONGWILL AVENUE 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
2023 13 OCT	£295,000	£385,094	23% below HPI
2020 6 MAR	£245,000	£311,200	21% below HPI
2009 7 AUG	£150,000	£213,068	30% below HPI
2005 5 JAN	£175,000	£213,444	18% below HPI
2000 22 MAY	£68,500	£110,221	38% below HPI

4 LONGWILL 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 five 4 LONGWILL AVENUE sales between May 2000 and October 2023 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 March 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 4 LONGWILL AVENUE?

4 LONGWILL AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% 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 LONGWILL AVENUE lies on this distribution: 22% of detached houses are smaller than 4 LONGWILL AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 LONGWILL AVENUE: Plot and Title Map

4 LONGWILL AVENUE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 4 LONGWILL 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 LONGWILL 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 LONGWILL AVENUE?

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