40, HIGHFIELD AVENUE, MELTON MOWBRAY, LE13 0NH - £150,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 HIGHFIELD AVENUE is a very small extended semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £260,830. It was last sold for £150,000 in May 2011, which was around 6% above the average May 2011 semi-detached price in the Melton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

40 HIGHFIELD AVENUE Sold Prices

Land registry data shows three sales for 40 HIGHFIELD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 40 HIGHFIELD 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
2011 16 MAY	£150,000	£140,853	6% above HPI
2001 28 SEP	£82,750	£74,997	10% above HPI
1999 12 MAR	£57,000	£54,093	5% above HPI

40 HIGHFIELD 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 three 40 HIGHFIELD AVENUE sales between March 1999 and May 2011 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 September 2001 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2011 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 40 HIGHFIELD AVENUE be worth now?

40 HIGHFIELD AVENUE might now be worth an estimated £260,830.

This is based on house price inflation of 73.9%, between May 2011 and December 2024, 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 73.9% inflationary increase is applied to the most recent sale price for 40 HIGHFIELD AVENUE of £150,000 on 16th May 2011. For the value to have increased from £150,000 to £260,830 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 40 HIGHFIELD AVENUE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The May 2011 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 40 HIGHFIELD AVENUE has not materially changed since May 2011.

How Large is 40 HIGHFIELD AVENUE?

40 HIGHFIELD AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in June 2023. 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 40 HIGHFIELD AVENUE lies on this distribution: 11% of semi-detached houses houses are smaller than 40 HIGHFIELD AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

40 HIGHFIELD AVENUE: Plot and Title Map

40 HIGHFIELD AVENUE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 40 HIGHFIELD 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 40 HIGHFIELD 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 40 HIGHFIELD AVENUE?

40 HIGHFIELD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 40 on HIGHFIELD AVENUE.