6, PETERSFIELD ROAD, MELTON MOWBRAY, LE13 0UE - £185,000

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.

6 PETERSFIELD ROAD is a very small detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £204,419. It was last sold for £185,000 in January 2022, which was around 49% below the average January 2022 detached price in the Melton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

6 PETERSFIELD ROAD Sold Prices

Land registry data shows three sales for 6 PETERSFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 6 PETERSFIELD 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
2022 28 JAN	£185,000	£361,615	49% below HPI
2002 26 APR	£67,000	£148,743	55% below HPI
1999 15 OCT	£47,000	£106,610	56% below HPI

6 PETERSFIELD ROAD 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 three 6 PETERSFIELD ROAD sales between October 1999 and January 2022 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 April 2002 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the January 2022 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 6 PETERSFIELD ROAD be worth now?

6 PETERSFIELD ROAD might now be worth an estimated £204,419.

This is based on house price inflation of 10.5%, between January 2022 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 10.5% inflationary increase is applied to the most recent sale price for 6 PETERSFIELD ROAD of £185,000 on 28th January 2022. For the value to have increased from £185,000 to £204,419 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 6 PETERSFIELD ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2022 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 6 PETERSFIELD ROAD has not materially changed since January 2022.

How Large is 6 PETERSFIELD ROAD?

6 PETERSFIELD ROAD is 83m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 PETERSFIELD ROAD lies on this distribution: 17% of detached houses houses are smaller than 6 PETERSFIELD ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 PETERSFIELD ROAD: Plot and Title Map

6 PETERSFIELD ROAD sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 6 PETERSFIELD 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 6 PETERSFIELD 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.

Where is 6 PETERSFIELD ROAD?

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