23, QUEENSWAY, MELTON MOWBRAY, LE13 0DN - £175,000

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.

23 QUEENSWAY is a very small semi-detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £178,478. It was last sold for £175,000 in November 2023, which was around 27% below the average November 2023 semi-detached price in the Melton local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

23 QUEENSWAY Sold Prices

Land registry data shows three sales for 23 QUEENSWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 23 QUEENSWAY 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
2023 27 NOV	£175,000	£240,469	27% below HPI
2010 28 MAY	£91,500	£145,943	37% below HPI
2006 6 FEB	£105,000	£135,916	23% below HPI

23 QUEENSWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 23 QUEENSWAY sales between February 2006 and November 2023 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 May 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 23 QUEENSWAY be worth now?

23 QUEENSWAY might now be worth an estimated £178,478.

This is based on house price inflation of 2%, between November 2023 and February 2025, for semi-detached 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 2% inflationary increase is applied to the most recent sale price for 23 QUEENSWAY of £175,000 on 27th November 2023. For the value to have increased from £175,000 to £178,478 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 23 QUEENSWAY has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 23 QUEENSWAY has not materially changed since November 2023.

How Large is 23 QUEENSWAY?

23 QUEENSWAY is 84m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 23 QUEENSWAY lies on this distribution: 19% of semi-detached houses houses are smaller than 23 QUEENSWAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

23 QUEENSWAY: Plot and Title Map

23 QUEENSWAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 23 QUEENSWAY, 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 23 QUEENSWAY). 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 23 QUEENSWAY?

23 QUEENSWAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 23 on QUEENSWAY.