1, COWMAN CLOSE, ASFORDBY, MELTON MOWBRAY, LE14 3RW - £225,000

1 COWMAN CLOSE is a midsized detached house of 98m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2018, which was around 26% below the average May 2018 detached price in the Melton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

1 COWMAN CLOSE Sold Prices

Land registry data shows three sales for 1 COWMAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 1 COWMAN CLOSE 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
2018 11 MAY	£225,000	£303,958	26% below HPI
2002 16 DEC	£135,000	£164,608	18% below HPI
2001 31 AUG	£92,000	£126,082	27% below HPI

1 COWMAN CLOSE 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 three 1 COWMAN CLOSE sales between August 2001 and May 2018 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 December 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 COWMAN CLOSE?

1 COWMAN CLOSE is 98m² according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 1 COWMAN CLOSE lies on this distribution: 52% of detached houses are smaller than 1 COWMAN CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

1 COWMAN CLOSE: Plot and Title Map

1 COWMAN CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 COWMAN CLOSE, 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 1 COWMAN CLOSE). 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 1 COWMAN CLOSE?

1 COWMAN CLOSE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 1 on COWMAN CLOSE.