8, GRANTWOOD ROAD, MELTON MOWBRAY, LE13 1SB - £349,950

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 GRANTWOOD ROAD is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £349,950 in June 2024, which was around 7% below the average June 2024 detached price in the Melton local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

8 GRANTWOOD ROAD Sold Prices

Land registry data shows two sales for 8 GRANTWOOD 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 8 GRANTWOOD 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
2024 5 JUN	£349,950	£377,737	7% below HPI
2021 28 MAY	£307,000	£331,140	7% below HPI

8 GRANTWOOD 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 GRANTWOOD ROAD sales from May 2021 and June 2024 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 May 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2024 sale, which was also at 7% below the HPI.

How Large is 8 GRANTWOOD ROAD?

8 GRANTWOOD ROAD is 82m², which includes two extensions, according to the EPC inspection conducted in January 2021. 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 8 GRANTWOOD ROAD lies on this distribution: 16% of detached houses are smaller than 8 GRANTWOOD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 GRANTWOOD ROAD: Plot and Title Map

8 GRANTWOOD ROAD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 8 GRANTWOOD 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 GRANTWOOD 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 GRANTWOOD ROAD?

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