8, HORSEGUARDS WAY, MELTON MOWBRAY, LE13 0SU - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HORSEGUARDS WAY is a large detached house of 135m², built sometime between 1991 and 1995. It was last sold for £280,000 in September 2014, which was around 10% above the average September 2014 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 HORSEGUARDS WAY Sold Prices

Land registry data shows three sales for 8 HORSEGUARDS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 8 HORSEGUARDS WAY sales were 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
2014 26 SEP	£280,000	£255,667	10% above HPI
2011 25 JAN	£237,500	£236,209	1% above HPI
2002 29 NOV	£186,950	£166,969	12% above HPI

8 HORSEGUARDS WAY 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 three 8 HORSEGUARDS WAY sales between November 2002 and September 2014 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 January 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 8 HORSEGUARDS WAY?

8 HORSEGUARDS WAY is 135m² according to the EPC inspection conducted in November 2016. 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 HORSEGUARDS WAY lies on this distribution: 76% of detached houses are smaller than 8 HORSEGUARDS WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 HORSEGUARDS WAY: Plot and Title Map

8 HORSEGUARDS WAY sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 8 HORSEGUARDS WAY, 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 HORSEGUARDS WAY). 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 HORSEGUARDS WAY?

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