18, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £377,000

18 CAVALRY CLOSE is a very large detached house of 160m², built sometime between 2003 and 2006. It was last sold for £377,000 in July 2019, which was around 21% above the average July 2019 detached price in the Melton local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

18 CAVALRY CLOSE Sold Prices

Land registry data shows three sales for 18 CAVALRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 18 CAVALRY 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
2019 29 JUL	£377,000	£311,777	21% above HPI
2013 9 AUG	£289,950	£230,870	26% above HPI
2003 19 SEP	£249,995	£196,529	27% above HPI

18 CAVALRY 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 three 18 CAVALRY CLOSE sales between September 2003 and July 2019 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 August 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2019 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 18 CAVALRY CLOSE?

18 CAVALRY CLOSE is 160m² according to the EPC inspection conducted in May 2012. This puts it in the largest 20% 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 18 CAVALRY CLOSE lies on this distribution: 88% of detached houses are smaller than 18 CAVALRY CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 CAVALRY CLOSE: Plot and Title Map

18 CAVALRY CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 18 CAVALRY 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 18 CAVALRY 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 18 CAVALRY CLOSE?

18 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 18 on CAVALRY CLOSE.