1, RED CAUSEWAY, HARBY, MELTON MOWBRAY, LE14 4BY - £227,500

1 RED CAUSEWAY is a very small extended detached house of 67m², built sometime between 1950 and 1966. It was last sold for £227,500 in September 2018, which was around 30% below the average September 2018 detached price in the Melton local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 RED CAUSEWAY Sold Prices

Land registry data shows four sales for 1 RED CAUSEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 1 RED CAUSEWAY sales were for below 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 25 SEP	£227,500	£325,757	30% below HPI
2007 2 NOV	£199,950	£253,965	21% below HPI
2001 23 NOV	£122,000	£135,453	10% below HPI
1999 27 AUG	£82,000	£100,547	18% below HPI

1 RED CAUSEWAY 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 four 1 RED CAUSEWAY sales between August 1999 and September 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 November 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 RED CAUSEWAY?

1 RED CAUSEWAY is 67m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 1 RED CAUSEWAY lies on this distribution: 6% of detached houses are smaller than 1 RED CAUSEWAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Harby.

1 RED CAUSEWAY: Plot and Title Map

1 RED CAUSEWAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 1 RED CAUSEWAY, 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 1 RED CAUSEWAY). 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 1 RED CAUSEWAY?

1 RED CAUSEWAY is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 1 on RED CAUSEWAY.