8, LONGATE ROAD, MELTON MOWBRAY, LE13 1HT - £225,000

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 LONGATE ROAD is a large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £225,000 in September 2011, which was around 5% below the average September 2011 detached price in the Melton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

8 LONGATE ROAD Sold Prices

Land registry data shows three sales for 8 LONGATE ROAD 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. One of the three 8 LONGATE ROAD sales was for below the average price, whilst two 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
2011 8 SEP	£225,000	£236,714	5% below HPI
2006 18 JAN	£243,000	£224,090	8% above HPI
1996 4 JUN	£87,000	£79,287	10% above HPI

8 LONGATE 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 three 8 LONGATE ROAD sales between June 1996 and September 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 January 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 LONGATE ROAD?

8 LONGATE ROAD is 136m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 LONGATE ROAD lies on this distribution: 78% of detached houses are smaller than 8 LONGATE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 LONGATE ROAD: Plot and Title Map

8 LONGATE ROAD sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of 8 LONGATE 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 LONGATE 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 LONGATE ROAD?

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