THE OLD VICARAGE, LEICESTER ROAD, MELTON MOWBRAY, LE13 0DA - £430,000

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

THE OLD VICARAGE is a very large extended detached house of 351m², built sometime before 1900. It was last sold for £430,000 in March 2018, which was around 37% above the average March 2018 detached price in the Melton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

THE OLD VICARAGE Sold Prices

Land registry data shows two sales for THE OLD VICARAGE 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 THE OLD VICARAGE 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
2018 22 MAR	£430,000	£313,533	37% above HPI
2009 16 FEB	£305,000	£220,649	38% above HPI

THE OLD VICARAGE 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 THE OLD VICARAGE sales from February 2009 and March 2018 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 February 2009 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2018 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might THE OLD VICARAGE be worth now?

THE OLD VICARAGE might now be worth an estimated £546,025.

This is based on house price inflation of 27%, between March 2018 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 27% inflationary increase is applied to the most recent sale price for THE OLD VICARAGE of £430,000 on 22nd March 2018. For the value to have increased from £430,000 to £546,025 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of THE OLD VICARAGE has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of THE OLD VICARAGE has not materially changed since March 2018.

How Large is THE OLD VICARAGE?

THE OLD VICARAGE is 351m², which includes three extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% 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 THE OLD VICARAGE lies on this distribution: More than 99% of detached houses houses are smaller than THE OLD VICARAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

THE OLD VICARAGE: Plot and Title Map

THE OLD VICARAGE sits on a plot of roughly 0.281 of an acre, or 1,139m². The below map shows the location of THE OLD VICARAGE, 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 THE OLD VICARAGE). 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 THE OLD VICARAGE?

THE OLD VICARAGE is located on LEICESTER ROAD in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of THE OLD VICARAGE on LEICESTER ROAD.