38 Melton Road, Waltham On The Wolds, Melton Mowbray, LE14 4AJ is a freehold detached property built between 1950-1966. The property offers approximately 1,119 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £264,205 , which equates to approximately £236 per square foot. It was last sold on 30 Sep 2021 for £237,000. Since then, the value has increased by £27,205, representing a 11.5% increase, or approximately 2.7% per year.

The current estimated value of £264,205 is:

  • 38.8% lower than the average property price on Melton Road
  • 43.8% lower than the average in the LE14 4AJ postcode area
  • and 7.9% lower than the average price for Melton Mowbray as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 30 July 2024, the property was recorded as rented.

View sold house prices in LE14 4AJ

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
1119 sq ft
Tenure
Freehold
Price (estimate)
£264,205
Price Per sq ft (estimate)
£236
Bedroom Count (estimate)
4 bedrooms

EPC Summary

38 Melton Road, Waltham On The Wolds, Melton Mowbray, Melton, Leicestershire, LE14 4AJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Jul 2024.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 14 Mar 2024, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 96.6%.

Heating Type
Boiler and radiators, oil
Average
Hot Water
From main system
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE14 4AJ

47 th / 55
Price Rank
44% lower than average
21 st / 32
Size Rank
33% smaller than average
25 th / 32
Price Per Sq FT Rank
16% lower than average

Compared to other properties in LE14 4AJ , this bungalow's estimated value ranks 47th out of 55. Based on price per square foot, it ranks 25th out of 32 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 21th out of 32 properties in its postcode area.

Sale History

Today
£264,205
streetscan.co.uk estimate
+11 %
30 Sep 2021
£237,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1238 sq ft
sale price: £352,000
sale date: 29 Sep 2016
rooms: 5
size: 1238 sq ft
sale price: £190,000
sale date: 3 Mar 2003
rooms: 5
size: 1001 sq ft
sale price: £71,000
sale date: 22 Dec 2000
rooms: 5
size: 1087 sq ft
sale price: £365,000
sale date: 6 Sep 2023
rooms: 5
size: 1023 sq ft
sale price: £400,000
sale date: 28 Oct 2021

Data Sources

The property at 38 Melton Road, Waltham On The Wolds, Melton Mowbray, Melton, Leicestershire, LE14 4AJ appears once in the Land Registry records, with the transaction recorded on 30 Sep 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.