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

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

51 MAIN STREET is a midsized extended detached house of 140m², built sometime before 1900. It was last sold for £339,400 in November 2016, which was around 18% 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	£288,520	18% above HPI
1999 30 JUL	£132,000	£98,405	34% above HPI
1997 31 JAN	£125,000	£81,338	54% above HPI
1996 17 JUL	£48,000	£83,334	42% 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2016 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

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 in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 51 MAIN STREET lies on this distribution: 54% of detached houses are smaller than 51 MAIN STREET, and 46% 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.