ROWAN, MELTON ROAD, LONG CLAWSON, MELTON MOWBRAY, LE14 4NR - £365,000

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

ROWAN is a very small extended detached house of 101m², built sometime before 1900. It was last sold for £365,000 in September 2023, which was around 3% below the average September 2023 detached price in the Melton local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

ROWAN Sold Prices

Land registry data shows two sales for ROWAN 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 ROWAN 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
2023 6 SEP	£365,000	£374,574	3% below HPI
2000 4 MAY	£117,000	£110,221	6% above HPI

ROWAN 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 ROWAN sales from May 2000 and September 2023 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 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is ROWAN?

ROWAN is 101m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Long Clawson, based on EPC data. The below chart shows the distribution of detached houses by size in Long Clawson, and where ROWAN lies on this distribution: 8% of detached houses are smaller than ROWAN, and 92% of houses are larger. Note that EPC data is not available for all properties in Long Clawson.

ROWAN: Plot and Title Map

ROWAN sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of ROWAN, 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 ROWAN). 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 ROWAN?

ROWAN is located on MELTON ROAD in LONG CLAWSON, in the LE14 postcode district. The below map shows the position of ROWAN on MELTON ROAD.