78, REGENCY ROAD, ASFORDBY, MELTON MOWBRAY, LE14 3YN - £196,000

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.

78 REGENCY ROAD is a small semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £217,255. It was last sold for £196,000 in November 2021, which was around 11% below the average November 2021 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

78 REGENCY ROAD Sold Prices

Land registry data shows two sales for 78 REGENCY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 78 REGENCY 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
2021 29 NOV	£196,000	£221,254	11% below HPI
2018 26 FEB	£145,000	£190,204	24% below HPI

78 REGENCY ROAD 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 two 78 REGENCY ROAD sales from February 2018 and November 2021 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 February 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 78 REGENCY ROAD be worth now?

78 REGENCY ROAD might now be worth an estimated £217,255.

This is based on house price inflation of 10.8%, between November 2021 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 10.8% inflationary increase is applied to the most recent sale price for 78 REGENCY ROAD of £196,000 on 29th November 2021. For the value to have increased from £196,000 to £217,255 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 78 REGENCY ROAD has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The November 2021 sale price of £196,000 represented a fair market value for the property.
• The size, condition, and specification of 78 REGENCY ROAD has not materially changed since November 2021.

How Large is 78 REGENCY ROAD?

78 REGENCY ROAD is 81m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of semi-detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Asfordby, and where 78 REGENCY ROAD lies on this distribution: 23% of semi-detached houses houses are smaller than 78 REGENCY ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

78 REGENCY ROAD: Plot and Title Map

78 REGENCY ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 78 REGENCY 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 78 REGENCY 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 78 REGENCY ROAD?

78 REGENCY ROAD is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 78 on REGENCY ROAD.