8, FIRWOOD ROAD, MELTON MOWBRAY, LE13 1SA - £282,500

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 FIRWOOD ROAD is a very small extended detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £367,507. It was last sold for £282,500 in August 2017, which was around 8% below the average August 2017 detached price in the Melton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was A.

8 FIRWOOD ROAD Sold Prices

Land registry data shows two sales for 8 FIRWOOD 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. One of the two 8 FIRWOOD ROAD sales was for below the average price, whilst the other was for above 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
2017 11 AUG	£282,500	£307,148	8% below HPI
2000 12 JUN	£123,000	£115,361	7% above HPI

8 FIRWOOD 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 8 FIRWOOD ROAD sales from June 2000 and August 2017 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 June 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 8 FIRWOOD ROAD be worth now?

8 FIRWOOD ROAD might now be worth an estimated £367,507.

This is based on house price inflation of 30.1%, between August 2017 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 30.1% inflationary increase is applied to the most recent sale price for 8 FIRWOOD ROAD of £282,500 on 11th August 2017. For the value to have increased from £282,500 to £367,507 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 8 FIRWOOD ROAD has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2017 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 8 FIRWOOD ROAD has not materially changed since August 2017.

How Large is 8 FIRWOOD ROAD?

8 FIRWOOD ROAD is 84m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 FIRWOOD ROAD lies on this distribution: 19% of detached houses houses are smaller than 8 FIRWOOD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 FIRWOOD ROAD: Plot and Title Map

8 FIRWOOD ROAD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 8 FIRWOOD 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 8 FIRWOOD 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 8 FIRWOOD ROAD?

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