1, SUFFOLK CLOSE, MELTON MOWBRAY, LE13 1DQ - £455,000

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.

1 SUFFOLK CLOSE is a very large detached house of 233m², built sometime between 1996 and 2002, which could now be worth an estimated £562,160. It was last sold for £455,000 in November 2016, which was around 52% above the average November 2016 detached price in the Melton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

1 SUFFOLK CLOSE Sold Prices

Land registry data shows four sales for 1 SUFFOLK CLOSE 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 1 SUFFOLK CLOSE sales were for above 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
2016 10 NOV	£455,000	£299,256	52% above HPI
2003 14 NOV	£395,000	£205,549	92% above HPI
1999 2 DEC	£236,000	£116,728	102% above HPI
1999 4 JAN	£232,500	£92,281	152% above HPI

1 SUFFOLK 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 four 1 SUFFOLK CLOSE sales between January 1999 and November 2016 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 November 2003 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the November 2016 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 SUFFOLK CLOSE be worth now?

1 SUFFOLK CLOSE might now be worth an estimated £562,160.

This is based on house price inflation of 23.6%, between November 2016 and June 2025, for 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 23.6% inflationary increase is applied to the most recent sale price for 1 SUFFOLK CLOSE of £455,000 on 10th November 2016. For the value to have increased from £455,000 to £562,160 over the nine years and five months to June 2025, the following assumptions must hold true:

• The value of 1 SUFFOLK CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2016 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SUFFOLK CLOSE has not materially changed since November 2016.

How Large is 1 SUFFOLK CLOSE?

1 SUFFOLK CLOSE is 233m² according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 1 SUFFOLK CLOSE lies on this distribution: 99% of detached houses houses are smaller than 1 SUFFOLK CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 SUFFOLK CLOSE: Plot and Title Map

1 SUFFOLK CLOSE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 1 SUFFOLK 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 SUFFOLK 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 SUFFOLK CLOSE?

1 SUFFOLK CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 1 on SUFFOLK CLOSE.