7, MELTON SPINNEY ROAD, MELTON MOWBRAY, LE13 1UZ - £332,500

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 MELTON SPINNEY ROAD is a very large detached house of 187m², built sometime between 1996 and 2002, which could now be worth an estimated £523,484. It was last sold for £332,500 in October 2011, which was around 34% above the average October 2011 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

7 MELTON SPINNEY ROAD Sold Prices

Land registry data shows three sales for 7 MELTON SPINNEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 7 MELTON SPINNEY ROAD sales were for above 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
2011 14 OCT	£332,500	£248,289	34% above HPI
2005 29 APR	£327,950	£217,998	50% above HPI
1997 21 AUG	£153,000	£88,351	73% above HPI

7 MELTON SPINNEY 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 three 7 MELTON SPINNEY ROAD sales between August 1997 and October 2011 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 April 2005 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2011 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 7 MELTON SPINNEY ROAD be worth now?

7 MELTON SPINNEY ROAD might now be worth an estimated £523,484.

This is based on house price inflation of 57.4%, between October 2011 and March 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 57.4% inflationary increase is applied to the most recent sale price for 7 MELTON SPINNEY ROAD of £332,500 on 14th October 2011. For the value to have increased from £332,500 to £523,484 over the fourteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 7 MELTON SPINNEY ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2011 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MELTON SPINNEY ROAD has not materially changed since October 2011.

How Large is 7 MELTON SPINNEY ROAD?

7 MELTON SPINNEY ROAD is 187m² according to the EPC inspection conducted in May 2015. This puts it in the largest 10% 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 MELTON SPINNEY ROAD lies on this distribution: 95% of detached houses houses are smaller than 7 MELTON SPINNEY ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 MELTON SPINNEY ROAD: Plot and Title Map

7 MELTON SPINNEY ROAD sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 7 MELTON SPINNEY 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 MELTON SPINNEY 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 MELTON SPINNEY ROAD?

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