5, GRANTWOOD ROAD, MELTON MOWBRAY, LE13 1SB - £392,000

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

5 GRANTWOOD ROAD is a midsized extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £392,000 in November 2023, which was around 1% above the average November 2023 detached price in the Melton local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

5 GRANTWOOD ROAD Sold Prices

Land registry data shows two sales for 5 GRANTWOOD ROAD 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. One of the two 5 GRANTWOOD ROAD sales was for above the average price, whilst the other was 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
2023 7 NOV	£392,000	£389,795	1% above HPI
2012 22 AUG	£214,000	£238,252	10% below HPI

5 GRANTWOOD 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 two 5 GRANTWOOD ROAD sales from August 2012 and November 2023 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 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 GRANTWOOD ROAD?

5 GRANTWOOD ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 5 GRANTWOOD ROAD lies on this distribution: 51% of detached houses are smaller than 5 GRANTWOOD ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 GRANTWOOD ROAD: Plot and Title Map

5 GRANTWOOD ROAD sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 5 GRANTWOOD 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 GRANTWOOD 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 GRANTWOOD ROAD?

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