19, PADDOCK CLOSE, MELTON MOWBRAY, LE13 1HF - £156,000

19 PADDOCK CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £156,000 in April 2014, which was around 35% below the average April 2014 detached price in the Melton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

19 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 19 PADDOCK 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 19 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
2014 30 APR	£156,000	£239,265	35% below HPI
2011 21 DEC	£120,000	£227,285	47% below HPI
2009 4 AUG	£130,000	£213,068	39% below HPI

19 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 three 19 PADDOCK CLOSE sales between August 2009 and April 2014 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 2011 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 19 PADDOCK CLOSE?

19 PADDOCK CLOSE is 56m² according to the EPC inspection conducted in October 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 19 PADDOCK CLOSE lies on this distribution: 2% of detached houses are smaller than 19 PADDOCK CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

19 PADDOCK CLOSE: Plot and Title Map

19 PADDOCK CLOSE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 19 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 19 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 19 PADDOCK CLOSE?

19 PADDOCK CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 19 on PADDOCK CLOSE.