49, TENNYSON WAY, MELTON MOWBRAY, LE13 1LS - £161,000

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.

49 TENNYSON WAY is a very small detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £259,755. It was last sold for £161,000 in February 2014, which was around 35% below the average February 2014 detached price in the Melton local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

49 TENNYSON WAY Sold Prices

Land registry data shows two sales for 49 TENNYSON WAY 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 49 TENNYSON WAY 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
2014 17 FEB	£161,000	£247,661	35% below HPI
1999 4 JUN	£69,000	£101,035	32% below HPI

49 TENNYSON WAY 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 49 TENNYSON WAY sales from June 1999 and February 2014 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 June 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 49 TENNYSON WAY be worth now?

49 TENNYSON WAY might now be worth an estimated £259,755.

This is based on house price inflation of 61.3%, between February 2014 and February 2025, 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 61.3% inflationary increase is applied to the most recent sale price for 49 TENNYSON WAY of £161,000 on 17th February 2014. For the value to have increased from £161,000 to £259,755 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 49 TENNYSON WAY has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2014 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 49 TENNYSON WAY has not materially changed since February 2014.

How Large is 49 TENNYSON WAY?

49 TENNYSON WAY is 79m² according to the EPC inspection conducted in February 2009. 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 49 TENNYSON WAY lies on this distribution: 12% of detached houses houses are smaller than 49 TENNYSON WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

49 TENNYSON WAY: Plot and Title Map

49 TENNYSON WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 49 TENNYSON WAY, 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 49 TENNYSON WAY). 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 49 TENNYSON WAY?

49 TENNYSON WAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 49 on TENNYSON WAY.