7, SHAKESPEARE GARDENS, MELTON MOWBRAY, LE13 0RL - £336,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SHAKESPEARE GARDENS is a midsized detached house of 115m². It was last sold for £336,000 in November 2024, which was around 13% below the average November 2024 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was A.

7 SHAKESPEARE GARDENS Sold Prices

Land registry data shows two sales for 7 SHAKESPEARE GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 7 SHAKESPEARE GARDENS 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
2024 22 NOV	£336,000	£388,196	13% below HPI
2019 31 MAY	£294,995	£322,570	9% below HPI

7 SHAKESPEARE GARDENS 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 two 7 SHAKESPEARE GARDENS sales from May 2019 and November 2024 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 May 2019 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 SHAKESPEARE GARDENS be worth now?

7 SHAKESPEARE GARDENS might now be worth an estimated £344,600.

This is based on house price inflation of 2.6%, between November 2024 and December 2024, 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 2.6% inflationary increase is applied to the most recent sale price for 7 SHAKESPEARE GARDENS of £336,000 on 22nd November 2024. For the value to have increased from £336,000 to £344,600 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 7 SHAKESPEARE GARDENS has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2024 sale price of £336,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHAKESPEARE GARDENS has not materially changed since November 2024.

How Large is 7 SHAKESPEARE GARDENS?

7 SHAKESPEARE GARDENS is 115m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% 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 SHAKESPEARE GARDENS lies on this distribution: 57% of detached houses houses are smaller than 7 SHAKESPEARE GARDENS, and 42% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 SHAKESPEARE GARDENS: Plot and Title Map

7 SHAKESPEARE GARDENS sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 7 SHAKESPEARE GARDENS, 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 SHAKESPEARE GARDENS). 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 SHAKESPEARE GARDENS?

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