61 VICTORIA STREET is a midsized extended semi-detached house of 100m², built sometime between 1900 and 1929. It was last sold for £166,500 in August 2016, which was around 41% below the average August 2016 detached price in the Melton local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 61 VICTORIA STREET since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 61 VICTORIA 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 |
---|---|---|---|
2016 5 AUG | £166,500 | £281,617 | 41% below HPI |
2006 31 MAR | £172,000 | £210,286 | 18% below HPI |
2004 9 JUL | £157,000 | £212,935 | 26% below HPI |
2001 7 SEP | £79,995 | £128,012 | 38% below HPI |
1998 6 APR | £58,000 | £91,846 | 37% below HPI |
The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The five 61 VICTORIA STREET sales between April 1998 and August 2016 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 March 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
61 VICTORIA STREET is 100m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% 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 61 VICTORIA STREET lies on this distribution: 40% of detached houses are smaller than 61 VICTORIA STREET, and 59% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.
61 VICTORIA STREET sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 61 VICTORIA 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 61 VICTORIA 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.
61 VICTORIA STREET is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 61 on VICTORIA STREET.