Our Data Sources
2, Oval Way, Melton Mowbray has a single entry in the Land Registry from November 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Oval Way, Melton Mowbray would be worth £547,755, with a potential rental value of £1,500 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £485,154, with a rental value of £1,329 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
2, Oval Way, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Dec 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler& underfloor, mains gas.
Sold Prices
2, Oval Way, Melton Mowbray last changed hands on 6th November 2023, selling for £499,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.1% since November 2023.
- Sold Nov 2023£499,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 89 sales of comparable properties within 4.8 kilometres of 2, Oval Way, Melton Mowbray across the last 2 years.
Most recently, 5, Oval Way, Melton Mowbray, LE14 3DJ, a freehold house, sold at £500,000 on the 28th April 2023.
Read more about house prices in LE14.
- Sold Apr 2023£500,000 | 4 Bed House5, Oval Way, Melton Mowbray, LE14 3DJ5, Oval Way, Melton Mowbray, LE14 3DJ
- Sold Feb 2023£550,000 | 4 Bed House1, Oval Way, Melton Mowbray, LE14 3DJ1, Oval Way, Melton Mowbray, LE14 3DJ
- Sold Oct 2022£570,000 | 4 Bed House2, Thompson Close, Melton Mowbray, LE14 3DH2, Thompson Close, Melton Mowbray, LE14 3DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Oval Way, Melton Mowbray as the 6th largest and the 6th most expensive of the 20 addresses on Oval Way, Nether Broughton, Melton Mowbray, LE14.
Against the LE14 postcode district average, it is £136k more expensive than the typical property.
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Schools Nearby
- Old Dalby Church of England Primary School2.7 km away
- Long Clawson Church of England Primary School3.4 km away
- Ab Kettleby Primary School4.1 km away
- John Ferneley College7.6 km away
- Long Field Spencer Academy8.8 km away
- The South Wolds Academy & Sixth Form9.2 km away
More reading links
Public Transport Nearby
- Melton Mowbray|9.4 km away
- Sileby|14.1 km away
- Radcliffe (Nottinghamshire)|14.3 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
