7, KING STREET, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3HA - £430,000

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

7 KING STREET is a large extended detached house of 186m², built sometime between 1950 and 1966. It was last sold for £430,000 in November 2020, which was around 29% above the average November 2020 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

7 KING STREET Sold Prices

Land registry data shows four sales for 7 KING STREET 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. two of the four 7 KING STREET sales were for above the average price, and four 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
2020 11 NOV	£430,000	£333,883	29% above HPI
2004 3 DEC	£243,000	£222,098	9% above HPI
2002 30 JUL	£145,000	£156,269	7% below HPI
2001 31 JUL	£125,000	£125,944	1% below HPI

7 KING STREET 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 7 KING STREET sales between July 2001 and November 2020 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 December 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2020 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 7 KING STREET?

7 KING STREET is 186m², which includes four extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Broughton, and where 7 KING STREET lies on this distribution: 61% of detached houses are smaller than 7 KING STREET, and 39% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

7 KING STREET: Plot and Title Map

7 KING STREET sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of 7 KING STREET, 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 KING STREET). 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 KING STREET?

7 KING STREET is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 7 on KING STREET.