17, VICTORIA STREET, MELTON MOWBRAY, LE13 0AR - £178,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 VICTORIA STREET is a very small terraced house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £167,124. It was last sold for £178,000 in September 2022, which was around 10% below the average September 2022 terraced price in the Melton local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

17 VICTORIA STREET Sold Prices

Land registry data shows three sales for 17 VICTORIA STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. All of the three 17 VICTORIA STREET 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
2022 13 SEP	£178,000	£198,315	10% below HPI
2020 10 DEC	£136,000	£177,201	23% below HPI
2016 15 JAN	£114,000	£135,318	16% below HPI

17 VICTORIA STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The three 17 VICTORIA STREET sales between January 2016 and September 2022 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 December 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 17 VICTORIA STREET be worth now?

17 VICTORIA STREET might now be worth an estimated £167,124.

This is based on house price deflation of 6.1%, between September 2022 and July 2025, for terraced 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 6.1% deflationary decrease is applied to the most recent sale price for 17 VICTORIA STREET of £178,000 on 13th September 2022. For the value to have decreased from £178,000 to £167,124 over the three years and two months to July 2025, the following assumptions must hold true:

• The value of 17 VICTORIA STREET has moved in line with the HPI for terraced houses in the Melton local authority area.
• The September 2022 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 17 VICTORIA STREET has not materially changed since September 2022.

How Large is 17 VICTORIA STREET?

17 VICTORIA STREET is 76m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 17 VICTORIA STREET lies on this distribution: 10% of terraced houses houses are smaller than 17 VICTORIA STREET, and 89% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 VICTORIA STREET: Plot and Title Map

17 VICTORIA STREET sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 17 VICTORIA STREET, 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 17 VICTORIA STREET). 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 17 VICTORIA STREET?

17 VICTORIA STREET is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on VICTORIA STREET.