40, MELTON AVENUE, LEICESTER, LE4 7SD - £360,000

40 MELTON AVENUE is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £360,000 in June 2022, which was around 6% below the average June 2022 detached price in the Leicester local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

40 MELTON AVENUE Sold Prices

Land registry data shows two sales for 40 MELTON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. One of the two 40 MELTON AVENUE sales was for below the average price, whilst the other was 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 21 JUN	£360,000	£382,789	6% below HPI
2001 23 FEB	£112,000	£94,258	19% above HPI

40 MELTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leicester local authority area over time, sourced from the HPI. The two 40 MELTON AVENUE sales from February 2001 and June 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 February 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 40 MELTON AVENUE?

40 MELTON AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 40 MELTON AVENUE lies on this distribution: 69% of detached houses are smaller than 40 MELTON AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Leicester.

40 MELTON AVENUE: Plot and Title Map

40 MELTON AVENUE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 40 MELTON 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 MELTON 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 MELTON AVENUE?

40 MELTON AVENUE is located in LEICESTER, in the LE4 postcode district. The below map shows the position of No. 40 on MELTON AVENUE.