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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

706 MELTON ROAD is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £234,950 in January 2012, which was about 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 roughly equal to 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	£235,137	Close to HPI
1997 12 DEC	£60,000	£92,003	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2012 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Thurmaston, based on EPC data. The below chart shows the distribution of detached houses by size in Thurmaston, and where 706 MELTON ROAD lies on this distribution: 77% of detached 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.