11, HILARY CLOSE, MELTON MOWBRAY, LE13 1PU - £360,000

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.

11 HILARY CLOSE is a midsized extended detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £375,435. It was last sold for £360,000 in June 2021, which was around 2% above the average June 2021 detached price in the Melton local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

11 HILARY CLOSE Sold Prices

Land registry data shows two sales for 11 HILARY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 11 HILARY 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
2021 1 JUN	£360,000	£354,535	2% above HPI
1997 30 SEP	£99,995	£89,475	12% above HPI

11 HILARY 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 two 11 HILARY CLOSE sales from September 1997 and June 2021 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 September 1997 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 11 HILARY CLOSE be worth now?

11 HILARY CLOSE might now be worth an estimated £375,435.

This is based on house price inflation of 4.3%, between June 2021 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 4.3% inflationary increase is applied to the most recent sale price for 11 HILARY CLOSE of £360,000 on 1st June 2021. For the value to have increased from £360,000 to £375,435 over the four years to June 2025, the following assumptions must hold true:

• The value of 11 HILARY CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 11 HILARY CLOSE has not materially changed since June 2021.

How Large is 11 HILARY CLOSE?

11 HILARY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 50% 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 11 HILARY CLOSE lies on this distribution: 48% of detached houses houses are smaller than 11 HILARY CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 HILARY CLOSE: Plot and Title Map

11 HILARY CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 11 HILARY 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 11 HILARY 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 11 HILARY CLOSE?

11 HILARY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on HILARY CLOSE.