5, DELAMARE ROAD, MELTON MOWBRAY, LE13 1PL - £285,000

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.

5 DELAMARE ROAD is a very small detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £313,706. It was last sold for £285,000 in August 2024, which was around 21% below the average August 2024 detached price in the Melton local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

5 DELAMARE ROAD Sold Prices

Land registry data shows four sales for 5 DELAMARE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 5 DELAMARE ROAD 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
2024 30 AUG	£285,000	£363,009	21% below HPI
2014 19 DEC	£185,000	£266,602	31% below HPI
2000 11 MAY	£82,950	£114,322	27% below HPI
1999 23 APR	£71,950	£96,585	26% below HPI

5 DELAMARE ROAD 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 four 5 DELAMARE ROAD sales between April 1999 and August 2024 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2024 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 DELAMARE ROAD be worth now?

5 DELAMARE ROAD might now be worth an estimated £313,706.

This is based on house price inflation of 10.1%, between August 2024 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 10.1% inflationary increase is applied to the most recent sale price for 5 DELAMARE ROAD of £285,000 on 30th August 2024. For the value to have increased from £285,000 to £313,706 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 5 DELAMARE ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2024 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DELAMARE ROAD has not materially changed since August 2024.

How Large is 5 DELAMARE ROAD?

5 DELAMARE ROAD is 70m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% 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 DELAMARE ROAD lies on this distribution: 7% of detached houses houses are smaller than 5 DELAMARE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 DELAMARE ROAD: Plot and Title Map

5 DELAMARE ROAD sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 5 DELAMARE ROAD, 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 DELAMARE ROAD). 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 DELAMARE ROAD?

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