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 BURTON ROAD is a small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £295,000 in June 2023, which was around 18% below the average June 2023 detached price in the Melton local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 50 BURTON ROAD since 1st 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 BURTON 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 |
---|---|---|---|
2023 9 JUN | £295,000 | £361,528 | ![]() 18% below HPI |
1996 31 JUL | £59,430 | £83,334 | ![]() 29% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 50 BURTON ROAD sales from July 1996 and June 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 July 1996 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
50 BURTON ROAD is 91m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 BURTON ROAD lies on this distribution: 29% of detached houses are smaller than 50 BURTON ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
50 BURTON ROAD sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 50 BURTON 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 50 BURTON 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.
50 BURTON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 50 on BURTON ROAD.