175, NOTTINGHAM ROAD, MELTON MOWBRAY, LE13 0NR - £230,000

175 NOTTINGHAM ROAD is a very small detached house of 80m², built sometime between 1930 and 1949. It was last sold for £230,000 in January 2020, which was around 27% below the average January 2020 detached price in the Melton local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

175 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 175 NOTTINGHAM ROAD 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 175 NOTTINGHAM ROAD 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
2020 31 JAN	£230,000	£314,536	27% below HPI
2012 7 DEC	£139,000	£237,756	42% below HPI

175 NOTTINGHAM ROAD 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 175 NOTTINGHAM ROAD sales from December 2012 and January 2020 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 175 NOTTINGHAM ROAD?

175 NOTTINGHAM ROAD is 80m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 175 NOTTINGHAM ROAD lies on this distribution: 15% of detached houses are smaller than 175 NOTTINGHAM ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

175 NOTTINGHAM ROAD: Plot and Title Map

175 NOTTINGHAM ROAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 175 NOTTINGHAM 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 175 NOTTINGHAM 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 175 NOTTINGHAM ROAD?

175 NOTTINGHAM ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 175 on NOTTINGHAM ROAD.