2, MAIN STREET, KIRBY BELLARS, MELTON MOWBRAY, LE14 2EA - £245,000

2 MAIN STREET is a very small extended semi-detached house of 96m², built sometime before 1900. It was last sold for £245,000 in September 2019, which was around 21% below the average September 2019 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 MAIN STREET Sold Prices

Land registry data shows four sales for 2 MAIN STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 2 MAIN 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
2019 3 SEP	£245,000	£311,033	21% below HPI
2011 1 AUG	£185,000	£228,820	19% below HPI
2009 21 SEP	£155,000	£215,413	28% below HPI
2006 22 NOV	£120,000	£232,714	48% below HPI

2 MAIN STREET 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 four 2 MAIN STREET sales between November 2006 and September 2019 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 August 2011 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 MAIN STREET?

2 MAIN STREET is 96m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Kirby Bellars, based on EPC data. The below chart shows the distribution of detached houses by size in Kirby Bellars, and where 2 MAIN STREET lies on this distribution: 14% of detached houses are smaller than 2 MAIN STREET, and 82% of houses are larger. Note that EPC data is not available for all properties in Kirby Bellars.

2 MAIN STREET: Plot and Title Map

2 MAIN STREET sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 2 MAIN 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 2 MAIN 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 2 MAIN STREET?

2 MAIN STREET is located in KIRBY BELLARS, in the LE14 postcode district. The below map shows the position of No. 2 on MAIN STREET.