40, MELVILLE PLACE, LEEDS, LS6 2LZ - £95,000

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.

40 MELVILLE PLACE is a small detached house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £126,590. It was last sold for £95,000 in August 2018, which was around 71% below the average August 2018 detached price in the Leeds local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

40 MELVILLE PLACE Sold Prices

Land registry data shows three sales for 40 MELVILLE 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 Leeds local authority area for the corresponding sale date. All of the three 40 MELVILLE PLACE 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
2018 1 AUG	£95,000	£332,266	71% below HPI
2003 4 APR	£70,000	£182,001	62% below HPI
2002 8 OCT	£57,000	£164,196	65% below HPI

40 MELVILLE PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Leeds local authority area over time, sourced from the HPI. The three 40 MELVILLE PLACE sales between October 2002 and August 2018 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 April 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the August 2018 sale, where it falls to 71% below the HPI. The line then continues to track at 71% below the HPI.

What might 40 MELVILLE PLACE be worth now?

40 MELVILLE PLACE might now be worth an estimated £126,590.

This is based on house price inflation of 33.3%, between August 2018 and July 2025, for detached houses, in the Leeds local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for 40 MELVILLE PLACE of £95,000 on 1st August 2018. For the value to have increased from £95,000 to £126,590 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 40 MELVILLE PLACE has moved in line with the HPI for detached houses in the Leeds local authority area.
• The August 2018 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MELVILLE PLACE has not materially changed since August 2018.

How Large is 40 MELVILLE PLACE?

40 MELVILLE PLACE is 87m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses houses in Leeds, based on EPC data. The below chart shows the distribution of detached houses houses by size in Leeds, and where 40 MELVILLE PLACE lies on this distribution: 22% of detached houses houses are smaller than 40 MELVILLE PLACE, and 78% of houses are larger. Note that EPC data is not available for all properties in Leeds.

40 MELVILLE PLACE: Plot and Title Map

40 MELVILLE PLACE sits on a plot of roughly 0.013 of an acre, or 52m². The below map shows the location of 40 MELVILLE 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 40 MELVILLE 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 40 MELVILLE PLACE?

40 MELVILLE PLACE is located in LEEDS, in the LS6 postcode district. The below map shows the position of No. 40 on MELVILLE PLACE.