41, MERTON AVENUE, SYSTON, LEICESTER, LE7 2JP - £270,000

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

41 MERTON AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £270,000 in January 2021, which was around 25% below the average January 2021 detached price in the Charnwood local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

41 MERTON AVENUE Sold Prices

Land registry data shows two sales for 41 MERTON 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 Charnwood local authority area for the corresponding sale date. Both of the two 41 MERTON 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
2021 15 JAN	£270,000	£359,815	25% below HPI
2001 3 AUG	£103,750	£130,225	20% below HPI

41 MERTON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 41 MERTON AVENUE sales from August 2001 and January 2021 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 August 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 41 MERTON AVENUE?

41 MERTON AVENUE is 78m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Syston, based on EPC data. The below chart shows the distribution of detached houses by size in Syston, and where 41 MERTON AVENUE lies on this distribution: 15% of detached houses are smaller than 41 MERTON AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Syston.

41 MERTON AVENUE: Plot and Title Map

41 MERTON AVENUE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 41 MERTON 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 41 MERTON 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 41 MERTON AVENUE?

41 MERTON AVENUE is located in SYSTON, in the LE7 postcode district. The below map shows the position of No. 41 on MERTON AVENUE.