706, MELTON ROAD, THURMASTON, LEICESTER, LE4 8BD - £234,950

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.

706 MELTON ROAD is a large extended detached house of 125m², built sometime between 1930 and 1949, which could now be worth an estimated £421,584. It was last sold for £234,950 in January 2012, which was around 1% above the average January 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

706 MELTON ROAD Sold Prices

Land registry data shows two sales for 706 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. One of the two 706 MELTON ROAD sales was for above the average price, whilst the other was 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
2012 13 JAN	£234,950	£231,961	1% above HPI
1997 12 DEC	£60,000	£90,761	34% below HPI

706 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 706 MELTON ROAD sales from December 1997 and January 2012 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 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 706 MELTON ROAD be worth now?

706 MELTON ROAD might now be worth an estimated £421,584.

This is based on house price inflation of 79.4%, between January 2012 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.4% inflationary increase is applied to the most recent sale price for 706 MELTON ROAD of £234,950 on 13th January 2012. For the value to have increased from £234,950 to £421,584 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 706 MELTON ROAD has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The January 2012 sale price of £234,950 represented a fair market value for the property.
• The size, condition, and specification of 706 MELTON ROAD has not materially changed since January 2012.

How Large is 706 MELTON ROAD?

706 MELTON ROAD is 125m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 30% of detached houses houses in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thurmaston, and where 706 MELTON ROAD lies on this distribution: 77% of detached houses houses are smaller than 706 MELTON ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Thurmaston.

706 MELTON ROAD: Plot and Title Map

706 MELTON ROAD sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 706 MELTON 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 706 MELTON 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 706 MELTON ROAD?

706 MELTON ROAD is located in THURMASTON, in the LE4 postcode district. The below map shows the position of No. 706 on MELTON ROAD.