8, BRITISH SCHOOL GARDENS, MELTON MOWBRAY, LE13 1XQ - £104,000

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.

8 BRITISH SCHOOL GARDENS is a small extended detached house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £178,781. It was last sold for £104,000 in December 2009, which was around 55% below the average December 2009 detached price in the Melton local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

8 BRITISH SCHOOL GARDENS Sold Prices

Land registry data shows two sales for 8 BRITISH SCHOOL 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 8 BRITISH SCHOOL 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
2009 11 DEC	£104,000	£232,438	55% below HPI
1999 30 JUL	£39,950	£102,066	61% below HPI

8 BRITISH SCHOOL 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 8 BRITISH SCHOOL GARDENS sales from July 1999 and December 2009 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 July 1999 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the December 2009 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 8 BRITISH SCHOOL GARDENS be worth now?

8 BRITISH SCHOOL GARDENS might now be worth an estimated £178,781.

This is based on house price inflation of 71.9%, between December 2009 and February 2025, 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 71.9% inflationary increase is applied to the most recent sale price for 8 BRITISH SCHOOL GARDENS of £104,000 on 11th December 2009. For the value to have increased from £104,000 to £178,781 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 BRITISH SCHOOL GARDENS has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2009 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRITISH SCHOOL GARDENS has not materially changed since December 2009.

How Large is 8 BRITISH SCHOOL GARDENS?

8 BRITISH SCHOOL GARDENS is 95m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 40% 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 8 BRITISH SCHOOL GARDENS lies on this distribution: 35% of detached houses houses are smaller than 8 BRITISH SCHOOL GARDENS, and 64% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 BRITISH SCHOOL GARDENS: Plot and Title Map

8 BRITISH SCHOOL GARDENS sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 8 BRITISH SCHOOL 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 8 BRITISH SCHOOL 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 8 BRITISH SCHOOL GARDENS?

8 BRITISH SCHOOL GARDENS is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 8 on BRITISH SCHOOL GARDENS.