2, WALLIS CLOSE, MELTON MOWBRAY, LE13 1EA - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 WALLIS CLOSE is a very large extended detached house of 159m², built sometime from 2012 onwards, which could now be worth an estimated £424,977. It was last sold for £375,000 in December 2019, which was around 15% above the average December 2019 detached price in the Melton local authority area. The most recent EPC inspection was March 2025, where the current energy rating was C, and the potential energy rating was B.

2 WALLIS CLOSE Sold Prices

Land registry data shows two sales for 2 WALLIS 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 WALLIS 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 17 DEC	£375,000	£326,255	15% above HPI
2012 19 SEP	£302,500	£248,258	22% above HPI

2 WALLIS 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 WALLIS CLOSE sales from September 2012 and December 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 September 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 2 WALLIS CLOSE be worth now?

2 WALLIS CLOSE might now be worth an estimated £424,977.

This is based on house price inflation of 13.3%, between December 2019 and June 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 2 WALLIS CLOSE of £375,000 on 17th December 2019. For the value to have increased from £375,000 to £424,977 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 2 WALLIS CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WALLIS CLOSE has not materially changed since December 2019.

How Large is 2 WALLIS CLOSE?

2 WALLIS CLOSE is 159m², which includes two extensions, according to the EPC inspection conducted in March 2025. This puts it in the largest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 2 WALLIS CLOSE lies on this distribution: 88% of detached houses houses are smaller than 2 WALLIS CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 WALLIS CLOSE: Plot and Title Map

2 WALLIS CLOSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 WALLIS 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 WALLIS 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 WALLIS CLOSE?

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