71, VALLEY ROAD, MELTON MOWBRAY, LE13 0DU - £134,000

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 VALLEY ROAD is a very small semi-detached house of 78m², built sometime between 1967 and 1975. It was last sold for £134,000 in March 2015, which was around 47% below the average March 2015 detached price in the Melton local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

71 VALLEY ROAD Sold Prices

Land registry data shows two sales for 71 VALLEY 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 Melton local authority area for the corresponding sale date. Both of the two 71 VALLEY ROAD 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
2015 18 MAR	£134,000	£252,105	47% below HPI
2002 13 DEC	£105,000	£164,608	36% below HPI

71 VALLEY 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 two 71 VALLEY ROAD sales from December 2002 and March 2015 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 2002 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2015 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 71 VALLEY ROAD?

71 VALLEY ROAD is 78m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% 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 VALLEY ROAD lies on this distribution: 12% of detached houses are smaller than 71 VALLEY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

71 VALLEY ROAD: Plot and Title Map

71 VALLEY ROAD sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 71 VALLEY 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 71 VALLEY 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 71 VALLEY ROAD?

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