18, MELROSE ROAD, THRINGSTONE, COALVILLE, LE67 8NF - £119,950

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.

18 MELROSE ROAD is a very small terraced house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £171,758. It was last sold for £119,950 in October 2017, which was around 13% below the average October 2017 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

18 MELROSE ROAD Sold Prices

Land registry data shows three sales for 18 MELROSE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. All of the three 18 MELROSE 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
2017 26 OCT	£119,950	£137,522	13% below HPI
2016 9 MAR	£65,000	£128,119	49% below HPI
2007 29 JUN	£91,000	£126,667	28% below HPI

18 MELROSE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The three 18 MELROSE ROAD sales between June 2007 and October 2017 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 2016 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 MELROSE ROAD be worth now?

18 MELROSE ROAD might now be worth an estimated £171,758.

This is based on house price inflation of 43.2%, between October 2017 and May 2026, for terraced houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.2% inflationary increase is applied to the most recent sale price for 18 MELROSE ROAD of £119,950 on 26th October 2017. For the value to have increased from £119,950 to £171,758 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 18 MELROSE ROAD has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The October 2017 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 18 MELROSE ROAD has not materially changed since October 2017.

How Large is 18 MELROSE ROAD?

18 MELROSE ROAD is 74m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of terraced houses houses in Thringstone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Thringstone, and where 18 MELROSE ROAD lies on this distribution: 6% of terraced houses houses are smaller than 18 MELROSE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Thringstone.

18 MELROSE ROAD: Plot and Title Map

18 MELROSE ROAD sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 18 MELROSE 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 18 MELROSE 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 18 MELROSE ROAD?

18 MELROSE ROAD is located in THRINGSTONE, in the LE67 postcode district. The below map shows the position of No. 18 on MELROSE ROAD.