8, LAYCOCK AVENUE, MELTON MOWBRAY, LE13 1TJ - £197,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LAYCOCK AVENUE is a small detached house of 97m², built sometime between 1950 and 1966, which could now be worth an estimated £343,894. It was last sold for £197,500 in July 2011, which was around 14% below the average July 2011 detached price in the Melton local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was C.

8 LAYCOCK AVENUE Sold Prices

Land registry data shows two sales for 8 LAYCOCK AVENUE 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 LAYCOCK AVENUE 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
2011 28 JUL	£197,500	£228,649	14% below HPI
1998 22 MAY	£98,500	£95,905	3% above HPI

8 LAYCOCK 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 two 8 LAYCOCK AVENUE sales from May 1998 and July 2011 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 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 LAYCOCK AVENUE be worth now?

8 LAYCOCK AVENUE might now be worth an estimated £343,894.

This is based on house price inflation of 74.1%, between July 2011 and December 2024, 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 74.1% inflationary increase is applied to the most recent sale price for 8 LAYCOCK AVENUE of £197,500 on 28th July 2011. For the value to have increased from £197,500 to £343,894 over the twelve years and seven months to December 2024, the following assumptions must hold true:

• The value of 8 LAYCOCK AVENUE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2011 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 8 LAYCOCK AVENUE has not materially changed since July 2011.

How Large is 8 LAYCOCK AVENUE?

8 LAYCOCK AVENUE is 97m² according to the EPC inspection conducted in July 2010. 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 LAYCOCK AVENUE lies on this distribution: 38% of detached houses houses are smaller than 8 LAYCOCK AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 LAYCOCK AVENUE: Plot and Title Map

8 LAYCOCK AVENUE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 8 LAYCOCK 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 LAYCOCK 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 LAYCOCK AVENUE?

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