14, MILDMAY CLOSE, MELTON MOWBRAY, LE13 1AH - £176,000

14 MILDMAY CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £176,000 in March 2016, which was around 35% below the average March 2016 detached price in the Melton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

14 MILDMAY CLOSE Sold Prices

Land registry data shows five sales for 14 MILDMAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 14 MILDMAY 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
2016 29 MAR	£176,000	£270,185	35% below HPI
2014 28 NOV	£166,500	£257,620	35% below HPI
2006 7 APR	£160,000	£216,237	26% below HPI
1999 28 MAY	£67,500	£93,975	28% below HPI
1995 20 JAN	£59,500	£77,510	23% below HPI

14 MILDMAY 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 five 14 MILDMAY CLOSE sales between January 1995 and March 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 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the March 2016 sale, which was also at 35% below the HPI.

How Large is 14 MILDMAY CLOSE?

14 MILDMAY CLOSE is 71m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 14 MILDMAY CLOSE lies on this distribution: 8% of detached houses are smaller than 14 MILDMAY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 MILDMAY CLOSE: Plot and Title Map

14 MILDMAY CLOSE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 14 MILDMAY 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 14 MILDMAY 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 14 MILDMAY CLOSE?

14 MILDMAY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on MILDMAY CLOSE.