5, BYRON WAY, MELTON MOWBRAY, LE13 1NY - £249,950

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

5 BYRON WAY is a large detached house of 133m², built sometime between 1983 and 1990. It was last sold for £249,950 in February 2014, which was around 1% above the average February 2014 detached price in the Melton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

5 BYRON WAY Sold Prices

Land registry data shows two sales for 5 BYRON 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 5 BYRON WAY sales were 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
2014 14 FEB	£249,950	£247,661	1% above HPI
2002 23 JUL	£169,950	£162,084	5% above HPI

5 BYRON 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 5 BYRON WAY sales from July 2002 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 July 2002 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 BYRON WAY be worth now?

5 BYRON WAY might now be worth an estimated £401,812.

This is based on house price inflation of 60.8%, between February 2014 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 60.8% inflationary increase is applied to the most recent sale price for 5 BYRON WAY of £249,950 on 14th February 2014. For the value to have increased from £249,950 to £401,812 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 5 BYRON WAY has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2014 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 5 BYRON WAY has not materially changed since February 2014.

How Large is 5 BYRON WAY?

5 BYRON WAY is 133m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 5 BYRON WAY lies on this distribution: 75% of detached houses houses are smaller than 5 BYRON WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 BYRON WAY: Plot and Title Map

5 BYRON WAY sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 5 BYRON 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 5 BYRON 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 5 BYRON WAY?

5 BYRON WAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 5 on BYRON WAY.