61, VALIANT WAY, MELTON MOWBRAY, LE13 0GE - £170,000

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.

61 VALIANT WAY is a very small semi-detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £196,240. It was last sold for £170,000 in July 2021, which was around 20% below the average July 2021 semi-detached price in the Melton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

61 VALIANT WAY Sold Prices

Land registry data shows three sales for 61 VALIANT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 61 VALIANT WAY 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
2021 29 JUL	£170,000	£212,455	20% below HPI
2015 3 JUL	£145,000	£167,937	14% below HPI
2011 1 APR	£119,000	£141,815	16% below HPI

61 VALIANT WAY 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 three 61 VALIANT WAY sales between April 2011 and July 2021 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 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 61 VALIANT WAY be worth now?

61 VALIANT WAY might now be worth an estimated £196,240.

This is based on house price inflation of 15.4%, between July 2021 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 15.4% inflationary increase is applied to the most recent sale price for 61 VALIANT WAY of £170,000 on 29th July 2021. For the value to have increased from £170,000 to £196,240 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 61 VALIANT WAY has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The July 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 61 VALIANT WAY has not materially changed since July 2021.

How Large is 61 VALIANT WAY?

61 VALIANT WAY is 76m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% 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 61 VALIANT WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 61 VALIANT WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

61 VALIANT WAY: Plot and Title Map

61 VALIANT WAY sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 61 VALIANT WAY, 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 61 VALIANT WAY). 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 61 VALIANT WAY?

61 VALIANT WAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 61 on VALIANT WAY.