5, SOUTH STREET, SCALFORD, MELTON MOWBRAY, LE14 4DY - £175,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 SOUTH STREET is a very small extended semi-detached house of 67m², built sometime before 1900. It was last sold for £175,000 in October 2022, which was around 54% below the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

5 SOUTH STREET Sold Prices

Land registry data shows two sales for 5 SOUTH STREET 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 SOUTH STREET 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
2022 26 OCT	£175,000	£379,403	54% below HPI
2016 5 OCT	£125,000	£281,742	56% below HPI

5 SOUTH STREET 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 SOUTH STREET sales from October 2016 and October 2022 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 October 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2022 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 5 SOUTH STREET?

5 SOUTH STREET is 67m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 5 SOUTH STREET lies on this distribution: 10% of detached houses are smaller than 5 SOUTH STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Scalford.

5 SOUTH STREET: Plot and Title Map

5 SOUTH STREET sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 5 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

5 SOUTH STREET is located in SCALFORD, in the LE14 postcode district. The below map shows the position of No. 5 on SOUTH STREET.