4, SHAKESPEARE GARDENS, MELTON MOWBRAY, LE13 0RL - £415,000

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 SHAKESPEARE GARDENS is a large detached house of 133m². It was last sold for £415,000 in February 2022, which was around 19% above the average February 2022 detached price in the Melton local authority area. The most recent EPC inspection was November 2018, where the current energy rating was B, and the potential energy rating was A.

4 SHAKESPEARE GARDENS Sold Prices

Land registry data shows two sales for 4 SHAKESPEARE GARDENS 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 SHAKESPEARE GARDENS 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
2022 25 FEB	£415,000	£347,632	19% above HPI
2018 12 DEC	£372,995	£304,027	23% above HPI

4 SHAKESPEARE GARDENS 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 SHAKESPEARE GARDENS sales from December 2018 and February 2022 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 December 2018 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 4 SHAKESPEARE GARDENS?

4 SHAKESPEARE GARDENS is 133m² according to the EPC inspection conducted in November 2018. This puts it in the largest 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 SHAKESPEARE GARDENS lies on this distribution: 74% of detached houses are smaller than 4 SHAKESPEARE GARDENS, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 SHAKESPEARE GARDENS: Plot and Title Map

4 SHAKESPEARE GARDENS sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 4 SHAKESPEARE GARDENS, 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 SHAKESPEARE GARDENS). 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 SHAKESPEARE GARDENS?

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