8, BALMORAL ROAD, MELTON MOWBRAY, LE13 1JN - £145,000

8 BALMORAL ROAD is a small extended semi-detached house of 99m², built sometime between 1976 and 1982. It was last sold for £145,000 in January 2013, which was around 38% below the average January 2013 detached price in the Melton local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

8 BALMORAL ROAD Sold Prices

Land registry data shows four sales for 8 BALMORAL ROAD 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 8 BALMORAL 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
2013 4 JAN	£145,000	£233,774	38% below HPI
2004 23 JAN	£134,950	£198,274	32% below HPI
1997 5 DEC	£58,950	£94,531	38% below HPI
1996 18 OCT	£50,000	£89,419	44% below HPI

8 BALMORAL ROAD 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 8 BALMORAL ROAD sales between October 1996 and January 2013 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 January 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 BALMORAL ROAD?

8 BALMORAL ROAD is 99m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% 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 8 BALMORAL ROAD lies on this distribution: 39% of detached houses are smaller than 8 BALMORAL ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 BALMORAL ROAD: Plot and Title Map

8 BALMORAL ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 8 BALMORAL 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 8 BALMORAL 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 8 BALMORAL ROAD?

8 BALMORAL ROAD is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 8 on BALMORAL ROAD.