1692, MELTON ROAD, REARSBY, LEICESTER, LE7 4YR - £265,000

1692 MELTON ROAD is a midsized extended detached house of 134m², built sometime between 1930 and 1949. It was last sold for £265,000 in July 2012, which was around 11% above the average July 2012 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

1692 MELTON ROAD Sold Prices

Land registry data shows four sales for 1692 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. two of the four 1692 MELTON ROAD sales were for above the average price, and four 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
2012 26 JUL	£265,000	£239,356	11% above HPI
2006 27 MAR	£287,000	£230,172	25% above HPI
2004 11 AUG	£135,000	£230,733	41% below HPI
1997 25 JUL	£73,500	£87,472	16% below HPI

1692 MELTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The four 1692 MELTON ROAD sales between July 1997 and July 2012 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 March 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2012 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1692 MELTON ROAD?

1692 MELTON ROAD is 134m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses in Rearsby, based on EPC data. The below chart shows the distribution of detached houses by size in Rearsby, and where 1692 MELTON ROAD lies on this distribution: 56% of detached houses are smaller than 1692 MELTON ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

1692 MELTON ROAD: Plot and Title Map

1692 MELTON ROAD sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 1692 MELTON 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 1692 MELTON 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 1692 MELTON ROAD?

1692 MELTON ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 1692 on MELTON ROAD.