8, GLOUCESTER AVENUE, MELTON MOWBRAY, LE13 0AG - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 GLOUCESTER AVENUE is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2021, which was about the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

8 GLOUCESTER AVENUE Sold Prices

Land registry data shows four sales for 8 GLOUCESTER AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. The four 8 GLOUCESTER AVENUE sales were a mix of roughly equal to the average price, and 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
2021 17 DEC	£350,000	£350,074	Close to HPI
2015 24 SEP	£270,000	£269,434	Close to HPI
2007 30 APR	£246,000	£243,809	1% above HPI
2001 21 JUN	£129,950	£124,833	4% above HPI

8 GLOUCESTER 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 four 8 GLOUCESTER AVENUE sales between June 2001 and December 2021 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 September 2015 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the December 2021 sale, which was also at roughly the same level as the HPI.

How Large is 8 GLOUCESTER AVENUE?

8 GLOUCESTER AVENUE is 132m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% 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 8 GLOUCESTER AVENUE lies on this distribution: 73% of detached houses are smaller than 8 GLOUCESTER AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 GLOUCESTER AVENUE: Plot and Title Map

8 GLOUCESTER AVENUE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8 GLOUCESTER 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 8 GLOUCESTER 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 8 GLOUCESTER AVENUE?

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