50, BOWLEY AVENUE, MELTON MOWBRAY, LE13 1RU - £363,000

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

50 BOWLEY AVENUE is a very large extended detached house of 151m², built sometime between 1950 and 1966. It was last sold for £363,000 in May 2020, which was around 20% above the average May 2020 detached price in the Melton local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

50 BOWLEY AVENUE Sold Prices

Land registry data shows two sales for 50 BOWLEY AVENUE 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 50 BOWLEY AVENUE 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
2020 15 MAY	£363,000	£301,871	20% above HPI
2001 20 JUL	£145,000	£125,944	15% above HPI

50 BOWLEY AVENUE 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 50 BOWLEY AVENUE sales from July 2001 and May 2020 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 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 50 BOWLEY AVENUE?

50 BOWLEY AVENUE is 151m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 20% 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 50 BOWLEY AVENUE lies on this distribution: 84% of detached houses are smaller than 50 BOWLEY AVENUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

50 BOWLEY AVENUE: Plot and Title Map

50 BOWLEY AVENUE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 50 BOWLEY 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 50 BOWLEY 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.

Where is 50 BOWLEY AVENUE?

50 BOWLEY AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 50 on BOWLEY AVENUE.