2, LOWESBY CLOSE, MELTON MOWBRAY, LE13 1HW - £205,000

2 LOWESBY CLOSE is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £205,000 in November 2017, which was around 32% below the average November 2017 detached price in the Melton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

2 LOWESBY CLOSE Sold Prices

Land registry data shows two sales for 2 LOWESBY 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 2 LOWESBY 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
2017 20 NOV	£205,000	£299,805	32% below HPI
2000 31 AUG	£79,250	£113,271	30% below HPI

2 LOWESBY 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 2 LOWESBY CLOSE sales from August 2000 and November 2017 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 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 LOWESBY CLOSE?

2 LOWESBY CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 2 LOWESBY CLOSE lies on this distribution: 47% of detached houses are smaller than 2 LOWESBY CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 LOWESBY CLOSE: Plot and Title Map

2 LOWESBY CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 2 LOWESBY 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 2 LOWESBY 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 2 LOWESBY CLOSE?

2 LOWESBY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on LOWESBY CLOSE.