45, HIGHFIELD AVENUE, MELTON MOWBRAY, LE13 0NQ - £195,000

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

45 HIGHFIELD AVENUE is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £195,000 in August 2015, which was around 30% below the average August 2015 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

45 HIGHFIELD AVENUE Sold Prices

Land registry data shows two sales for 45 HIGHFIELD 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 Melton local authority area for the corresponding sale date. Both of the two 45 HIGHFIELD 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
2015 24 AUG	£195,000	£277,434	30% below HPI
2014 10 DEC	£155,000	£266,602	42% below HPI

45 HIGHFIELD AVENUE 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 45 HIGHFIELD AVENUE sales from December 2014 and August 2015 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 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2015 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 45 HIGHFIELD AVENUE be worth now?

45 HIGHFIELD AVENUE might now be worth an estimated £279,835.

This is based on house price inflation of 43.5%, between August 2015 and December 2024, for 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 43.5% inflationary increase is applied to the most recent sale price for 45 HIGHFIELD AVENUE of £195,000 on 24th August 2015. For the value to have increased from £195,000 to £279,835 over the eight years and eight months to December 2024, the following assumptions must hold true:

• The value of 45 HIGHFIELD AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 45 HIGHFIELD AVENUE has not materially changed since August 2015.

How Large is 45 HIGHFIELD AVENUE?

45 HIGHFIELD AVENUE is 77m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 45 HIGHFIELD AVENUE lies on this distribution: 11% of detached houses houses are smaller than 45 HIGHFIELD AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

45 HIGHFIELD AVENUE: Plot and Title Map

45 HIGHFIELD AVENUE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 45 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 45 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 45 HIGHFIELD AVENUE?

45 HIGHFIELD AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 45 on HIGHFIELD AVENUE.