6, PALL MALL, MELTON MOWBRAY, LE13 1RR - £234,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 PALL MALL is a midsized detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £371,041. It was last sold for £234,000 in November 2012, which was around 7% below the average November 2012 detached price in the Melton local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

6 PALL MALL Sold Prices

Land registry data shows two sales for 6 PALL MALL 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. One of the two 6 PALL MALL sales was for below the average price, whilst the other was 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
2012 29 NOV	£234,000	£251,085	7% below HPI
1995 11 AUG	£105,000	£81,268	29% above HPI

6 PALL MALL 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 6 PALL MALL sales from August 1995 and November 2012 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 August 1995 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2012 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 6 PALL MALL be worth now?

6 PALL MALL might now be worth an estimated £371,041.

This is based on house price inflation of 58.6%, between November 2012 and December 2024, 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 58.6% inflationary increase is applied to the most recent sale price for 6 PALL MALL of £234,000 on 29th November 2012. For the value to have increased from £234,000 to £371,041 over the eleven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 6 PALL MALL has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2012 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PALL MALL has not materially changed since November 2012.

How Large is 6 PALL MALL?

6 PALL MALL is 101m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 6 PALL MALL lies on this distribution: 42% of detached houses houses are smaller than 6 PALL MALL, and 57% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 PALL MALL: Plot and Title Map

6 PALL MALL sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 6 PALL MALL, 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 6 PALL MALL). 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 6 PALL MALL?

6 PALL MALL is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 6 on PALL MALL.