6, PRIORY VIEW, KIRBY BELLARS, MELTON MOWBRAY, LE14 2TR - £427,000

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

6 PRIORY VIEW is a very small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £427,000 in February 2023, which was around 16% above the average February 2023 detached price in the Melton local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

6 PRIORY VIEW Sold Prices

Land registry data shows four sales for 6 PRIORY VIEW 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 6 PRIORY VIEW 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
2023 24 FEB	£427,000	£367,468	16% above HPI
2011 10 FEB	£220,000	£229,705	4% below HPI
2009 8 DEC	£235,000	£224,100	5% above HPI
1997 10 OCT	£104,950	£86,435	21% above HPI

6 PRIORY VIEW 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 6 PRIORY VIEW sales between October 1997 and February 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 February 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 6 PRIORY VIEW?

6 PRIORY VIEW is 96m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses in Kirby Bellars, based on EPC data. The below chart shows the distribution of detached houses by size in Kirby Bellars, and where 6 PRIORY VIEW lies on this distribution: 14% of detached houses are smaller than 6 PRIORY VIEW, and 86% of houses are larger. Note that EPC data is not available for all properties in Kirby Bellars.

6 PRIORY VIEW: Plot and Title Map

6 PRIORY VIEW sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 6 PRIORY VIEW, 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 PRIORY VIEW). 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 PRIORY VIEW?

6 PRIORY VIEW is located in KIRBY BELLARS, in the LE14 postcode district. The below map shows the position of No. 6 on PRIORY VIEW.