41, SWALLOWDALE ROAD, MELTON MOWBRAY, LE13 0AU - £99,000

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.

41 SWALLOWDALE ROAD is a very small terraced house of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £107,041. It was last sold for £99,000 in October 2020, which was around 43% below the average October 2020 terraced price in the Melton local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

41 SWALLOWDALE ROAD Sold Prices

Land registry data shows four sales for 41 SWALLOWDALE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. All of the four 41 SWALLOWDALE 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
2020 28 OCT	£99,000	£172,210	43% below HPI
2007 26 JUL	£90,500	£139,712	35% below HPI
2003 31 JUL	£52,500	£94,620	45% below HPI
1995 14 JUL	£31,600	£39,115	19% below HPI

41 SWALLOWDALE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The four 41 SWALLOWDALE ROAD sales between July 1995 and October 2020 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 July 2007 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 41 SWALLOWDALE ROAD be worth now?

41 SWALLOWDALE ROAD might now be worth an estimated £107,041.

This is based on house price inflation of 8.1%, between October 2020 and July 2025, for terraced 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 8.1% inflationary increase is applied to the most recent sale price for 41 SWALLOWDALE ROAD of £99,000 on 28th October 2020. For the value to have increased from £99,000 to £107,041 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 41 SWALLOWDALE ROAD has moved in line with the HPI for terraced houses in the Melton local authority area.
• The October 2020 sale price of £99,000 represented a fair market value for the property.
• The size, condition, and specification of 41 SWALLOWDALE ROAD has not materially changed since October 2020.

How Large is 41 SWALLOWDALE ROAD?

41 SWALLOWDALE ROAD is 38m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 41 SWALLOWDALE ROAD lies on this distribution: Less than 1% of terraced houses houses are smaller than 41 SWALLOWDALE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

41 SWALLOWDALE ROAD: Plot and Title Map

41 SWALLOWDALE ROAD sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 41 SWALLOWDALE 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 41 SWALLOWDALE 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 41 SWALLOWDALE ROAD?

41 SWALLOWDALE ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 41 on SWALLOWDALE ROAD.