71, LAYCOCK AVENUE, MELTON MOWBRAY, LE13 1UL - £280,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

71 LAYCOCK AVENUE is a midsized extended detached house of 116m², built sometime between 1976 and 1982. It was last sold for £280,000 in July 2019, which was around 10% below the average July 2019 detached price in the Melton local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

71 LAYCOCK AVENUE Sold Prices

Land registry data shows two sales for 71 LAYCOCK AVENUE 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 71 LAYCOCK AVENUE 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
2019 29 JUL	£280,000	£311,777	10% below HPI
2016 18 APR	£270,000	£276,241	2% below HPI

71 LAYCOCK AVENUE 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 71 LAYCOCK AVENUE sales from April 2016 and July 2019 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 71 LAYCOCK AVENUE?

71 LAYCOCK AVENUE is 116m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 71 LAYCOCK AVENUE lies on this distribution: 58% of detached houses are smaller than 71 LAYCOCK AVENUE, and 41% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

71 LAYCOCK AVENUE: Plot and Title Map

71 LAYCOCK AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 71 LAYCOCK AVENUE, 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 71 LAYCOCK AVENUE). 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 71 LAYCOCK AVENUE?

71 LAYCOCK AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 71 on LAYCOCK AVENUE.