1754, MELTON ROAD, REARSBY, LEICESTER, LE7 4YR - £470,000

1754 MELTON ROAD is a midsized extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £470,000 in October 2022, which was around 12% above the average October 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

1754 MELTON ROAD Sold Prices

Land registry data shows five sales for 1754 MELTON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Most of the five 1754 MELTON 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
2022 28 OCT	£470,000	£421,509	12% above HPI
2018 23 NOV	£307,000	£329,225	7% below HPI
2006 13 APR	£275,000	£228,536	20% above HPI
2001 30 NOV	£125,000	£136,908	9% below HPI
1997 28 JUL	£85,000	£87,472	3% below HPI

1754 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 five 1754 MELTON ROAD sales between July 1997 and October 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 November 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 1754 MELTON ROAD?

1754 MELTON ROAD is 139m², which includes four extensions, according to the EPC inspection conducted in July 2022. 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 1754 MELTON ROAD lies on this distribution: 57% of detached houses are smaller than 1754 MELTON ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Rearsby.

1754 MELTON ROAD: Plot and Title Map

1754 MELTON ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1754 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 1754 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 1754 MELTON ROAD?

1754 MELTON ROAD is located in REARSBY, in the LE7 postcode district. The below map shows the position of No. 1754 on MELTON ROAD.