5, SHELLEY AVENUE, MELTON MOWBRAY, LE13 1NU - £190,000

5 SHELLEY AVENUE is a small detached house of 87m², built sometime between 1976 and 1982. It was last sold for £190,000 in July 2014, which was around 24% below the average July 2014 detached price in the Melton local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

5 SHELLEY AVENUE Sold Prices

Land registry data shows two sales for 5 SHELLEY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 5 SHELLEY AVENUE 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
2014 21 JUL	£190,000	£249,270	24% below HPI
1998 22 MAY	£78,000	£92,464	16% below HPI

5 SHELLEY AVENUE 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 two 5 SHELLEY AVENUE sales from May 1998 and July 2014 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 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 5 SHELLEY AVENUE?

5 SHELLEY AVENUE is 87m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% 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 5 SHELLEY AVENUE lies on this distribution: 24% of detached houses are smaller than 5 SHELLEY AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 SHELLEY AVENUE: Plot and Title Map

5 SHELLEY AVENUE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 5 SHELLEY AVENUE, 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 5 SHELLEY AVENUE). 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 5 SHELLEY AVENUE?

5 SHELLEY AVENUE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 5 on SHELLEY AVENUE.