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

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.

7 ALVASTON ROAD is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £363,313. It was last sold for £322,500 in April 2022, which was around 9% 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	£354,686	9% below HPI
2019 2 JUL	£275,000	£323,377	15% below HPI
2002 17 MAY	£118,500	£154,563	23% below HPI
1996 28 JUN	£59,250	£82,237	28% below HPI
1996 26 APR	£58,500	£82,720	29% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7 ALVASTON ROAD be worth now?

7 ALVASTON ROAD might now be worth an estimated £363,313.

This is based on house price inflation of 12.7%, between April 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 12.7% inflationary increase is applied to the most recent sale price for 7 ALVASTON ROAD of £322,500 on 14th April 2022. For the value to have increased from £322,500 to £363,313 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 7 ALVASTON ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2022 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 7 ALVASTON ROAD has not materially changed since April 2022.

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 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 7 ALVASTON ROAD lies on this distribution: 38% of detached houses 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.