51, MAIN STREET, STATHERN, MELTON MOWBRAY, LE14 4HW - £339,400

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

51 MAIN STREET is a midsized extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £453,173. It was last sold for £339,400 in November 2016, which was around 13% above the average November 2016 detached price in the Melton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

51 MAIN STREET Sold Prices

Land registry data shows four sales for 51 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the four 51 MAIN STREET 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
2016 11 NOV	£339,400	£299,256	13% above HPI
1999 30 JUL	£132,000	£102,066	29% above HPI
1997 31 JAN	£125,000	£84,365	48% above HPI
1996 17 JUL	£48,000	£86,434	44% below HPI

51 MAIN 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 four 51 MAIN STREET sales between July 1996 and November 2016 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 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 51 MAIN STREET be worth now?

51 MAIN STREET might now be worth an estimated £453,173.

This is based on house price inflation of 33.5%, between November 2016 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.5% inflationary increase is applied to the most recent sale price for 51 MAIN STREET of £339,400 on 11th November 2016. For the value to have increased from £339,400 to £453,173 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 51 MAIN STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2016 sale price of £339,400 represented a fair market value for the property.
• The size, condition, and specification of 51 MAIN STREET has not materially changed since November 2016.

How Large is 51 MAIN STREET?

51 MAIN STREET is 140m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the largest 50% of detached houses houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stathern, and where 51 MAIN STREET lies on this distribution: 55% of detached houses houses are smaller than 51 MAIN STREET, and 45% of houses are larger. Note that EPC data is not available for all properties in Stathern.

51 MAIN STREET: Plot and Title Map

51 MAIN STREET sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 51 MAIN 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 51 MAIN 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 51 MAIN STREET?

51 MAIN STREET is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 51 on MAIN STREET.