WAVERLEY HOUSE, PARK LANE, MELTON MOWBRAY, LE13 0PT - £180,000

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

WAVERLEY HOUSE is a very large detached house of 214m², built sometime before 1900. It was last sold for £180,000 in August 1998, which was around 91% above the average August 1998 detached price in the Melton local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

WAVERLEY HOUSE Sold Prices

Land registry data shows two sales for WAVERLEY HOUSE 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 WAVERLEY HOUSE 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
1998 13 AUG	£180,000	£94,484	91% above HPI
1995 27 FEB	£149,000	£73,859	102% above HPI

WAVERLEY HOUSE 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 WAVERLEY HOUSE sales from February 1995 and August 1998 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 1995 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the August 1998 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is WAVERLEY HOUSE?

WAVERLEY HOUSE is 214m² according to the EPC inspection conducted in March 2012. This puts it in the largest 10% 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 WAVERLEY HOUSE lies on this distribution: 98% of detached houses are smaller than WAVERLEY HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

WAVERLEY HOUSE: Plot and Title Map

WAVERLEY HOUSE sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of WAVERLEY HOUSE, 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 WAVERLEY HOUSE). 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 WAVERLEY HOUSE?

WAVERLEY HOUSE is located on PARK LANE in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of WAVERLEY HOUSE on PARK LANE.