7, ALVASTON ROAD, MELTON MOWBRAY, LE13 0SD - £322,500

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

7 ALVASTON ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £322,500 in April 2022, which was around 6% below the average April 2022 detached price in the Melton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

7 ALVASTON ROAD Sold Prices

Land registry data shows five sales for 7 ALVASTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 7 ALVASTON 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 14 APR	£322,500	£341,963	6% below HPI
2019 2 JUL	£275,000	£311,777	12% below HPI
2002 17 MAY	£118,500	£149,019	20% below HPI
1996 28 JUN	£59,250	£79,287	25% below HPI
1996 26 APR	£58,500	£79,753	27% below HPI

7 ALVASTON 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 five 7 ALVASTON ROAD sales between April 1996 and April 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 July 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 7 ALVASTON ROAD?

7 ALVASTON ROAD is 98m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 7 ALVASTON ROAD lies on this distribution: 38% of detached houses are smaller than 7 ALVASTON ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 ALVASTON ROAD: Plot and Title Map

7 ALVASTON ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 ALVASTON 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 7 ALVASTON 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 7 ALVASTON ROAD?

7 ALVASTON ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 7 on ALVASTON ROAD.