Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
5 VAUGHAN AVENUE is a very small extended detached house of 66m², built sometime between 1950 and 1966. It was last sold for £193,000 in October 2017, which was around 36% below the average October 2017 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 VAUGHAN AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 5 VAUGHAN AVENUE 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 |
---|---|---|---|
2017 6 OCT | £193,000 | £303,426 | 36% below HPI |
1997 14 NOV | £50,000 | £91,521 | 45% below HPI |
1996 7 JUN | £49,000 | £79,287 | 38% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The three 5 VAUGHAN AVENUE sales between June 1996 and October 2017 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 November 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2017 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
5 VAUGHAN AVENUE is 66m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Bottesford, based on EPC data. The below chart shows the distribution of detached houses by size in Bottesford, and where 5 VAUGHAN AVENUE lies on this distribution: 5% of detached houses are smaller than 5 VAUGHAN AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bottesford.
5 VAUGHAN AVENUE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 VAUGHAN AVENUE, 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 VAUGHAN AVENUE). 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.
5 VAUGHAN AVENUE is located in BOTTESFORD, in the NG13 postcode district. The below map shows the position of No. 5 on VAUGHAN AVENUE.