16, SOUTHWELL CLOSE, MELTON MOWBRAY, LE13 0PY - £220,000

16 SOUTHWELL CLOSE is a large detached house of 129m², built sometime between 2003 and 2006. It was last sold for £220,000 in December 2011, which was around 3% below the average December 2011 detached price in the Melton local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

16 SOUTHWELL CLOSE Sold Prices

Land registry data shows two sales for 16 SOUTHWELL 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. One of the two 16 SOUTHWELL CLOSE sales was for below the average price, whilst the other was 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
2011 16 DEC	£220,000	£227,285	3% below HPI
2006 20 DEC	£249,950	£238,194	5% above HPI

16 SOUTHWELL 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 16 SOUTHWELL CLOSE sales from December 2006 and December 2011 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 16 SOUTHWELL CLOSE?

16 SOUTHWELL CLOSE is 129m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% 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 16 SOUTHWELL CLOSE lies on this distribution: 70% of detached houses are smaller than 16 SOUTHWELL CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 SOUTHWELL CLOSE: Plot and Title Map

16 SOUTHWELL CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 16 SOUTHWELL 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 16 SOUTHWELL 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 16 SOUTHWELL CLOSE?

16 SOUTHWELL CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 16 on SOUTHWELL CLOSE.