17, PADDOCK CLOSE, MELTON MOWBRAY, LE13 1HF - £176,000

17 PADDOCK CLOSE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £176,000 in October 2016, which was around 38% below the average October 2016 detached price in the Melton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was F, and the potential energy rating was B.

17 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 17 PADDOCK 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 17 PADDOCK 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 21 OCT	£176,000	£281,742	38% below HPI
2001 20 APR	£65,000	£123,802	47% below HPI

17 PADDOCK 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 17 PADDOCK CLOSE sales from April 2001 and October 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 April 2001 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 17 PADDOCK CLOSE?

17 PADDOCK CLOSE is 56m² according to the EPC inspection conducted in January 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 17 PADDOCK CLOSE lies on this distribution: 2% of detached houses are smaller than 17 PADDOCK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 PADDOCK CLOSE: Plot and Title Map

17 PADDOCK CLOSE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 17 PADDOCK 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 17 PADDOCK 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 17 PADDOCK CLOSE?

17 PADDOCK CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on PADDOCK CLOSE.