40, HONEYSUCKLE WAY, MELTON MOWBRAY, LE13 0FU - £205,000

40 HONEYSUCKLE WAY is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £205,000 in February 2018, which was around 32% below the average February 2018 detached price in the Melton local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

40 HONEYSUCKLE WAY Sold Prices

Land registry data shows four sales for 40 HONEYSUCKLE WAY 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 40 HONEYSUCKLE WAY 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
2018 26 FEB	£205,000	£302,652	32% below HPI
2012 28 SEP	£160,000	£239,352	33% below HPI
2001 21 DEC	£90,000	£137,027	34% below HPI
2000 20 APR	£75,500	£108,736	31% below HPI

40 HONEYSUCKLE WAY 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 40 HONEYSUCKLE WAY sales between April 2000 and February 2018 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 September 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2018 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 40 HONEYSUCKLE WAY?

40 HONEYSUCKLE WAY is 71m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 40 HONEYSUCKLE WAY lies on this distribution: 8% of detached houses are smaller than 40 HONEYSUCKLE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

40 HONEYSUCKLE WAY: Plot and Title Map

40 HONEYSUCKLE WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 40 HONEYSUCKLE WAY, 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 40 HONEYSUCKLE WAY). 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 40 HONEYSUCKLE WAY?

40 HONEYSUCKLE WAY is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 40 on HONEYSUCKLE WAY.