6, WALTHAM RISE, MELTON MOWBRAY, LE13 1EJ - £43,500

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 WALTHAM RISE is a small extended semi-detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £198,005. It was last sold for £43,500 in February 1999, which was around 19% below the average February 1999 semi-detached price in the Melton local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

6 WALTHAM RISE Sold Prices

Land registry data shows two sales for 6 WALTHAM RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 6 WALTHAM RISE 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
1999 19 FEB	£43,500	£53,879	19% below HPI
1998 11 JAN	£46,200	£59,081	22% below HPI

6 WALTHAM RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The two 6 WALTHAM RISE sales from January 1998 and February 1999 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 January 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 1999 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 6 WALTHAM RISE be worth now?

6 WALTHAM RISE might now be worth an estimated £198,005.

This is based on house price inflation of 355.2%, between February 1999 and February 2025, for semi-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 355.2% inflationary increase is applied to the most recent sale price for 6 WALTHAM RISE of £43,500 on 19th February 1999. For the value to have increased from £43,500 to £198,005 over the 26 years to February 2025, the following assumptions must hold true:

• The value of 6 WALTHAM RISE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The February 1999 sale price of £43,500 represented a fair market value for the property.
• The size, condition, and specification of 6 WALTHAM RISE has not materially changed since February 1999.

How Large is 6 WALTHAM RISE?

6 WALTHAM RISE is 86m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 6 WALTHAM RISE lies on this distribution: 22% of semi-detached houses houses are smaller than 6 WALTHAM RISE, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 WALTHAM RISE: Plot and Title Map

6 WALTHAM RISE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 6 WALTHAM RISE, 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 WALTHAM RISE). 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 WALTHAM RISE?

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