3, BIRCH CLOSE, MELTON MOWBRAY, LE13 0QA - £170,000

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.

3 BIRCH CLOSE is a large extended semi-detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £257,703. It was last sold for £170,000 in December 2014, which was around 5% above the average December 2014 semi-detached price in the Melton local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

3 BIRCH CLOSE Sold Prices

Land registry data shows five sales for 3 BIRCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Most of the five 3 BIRCH 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 19 DEC	£170,000	£161,784	5% above HPI
2005 13 MAY	£124,000	£140,402	12% below HPI
2003 12 JUN	£99,000	£113,250	13% below HPI
1997 30 MAY	£45,500	£51,210	11% below HPI
1997 25 APR	£46,000	£49,884	8% below HPI

3 BIRCH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The five 3 BIRCH CLOSE sales between April 1997 and December 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 May 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 BIRCH CLOSE be worth now?

3 BIRCH CLOSE might now be worth an estimated £257,703.

This is based on house price inflation of 51.6%, between December 2014 and February 2025, for semi-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 51.6% inflationary increase is applied to the most recent sale price for 3 BIRCH CLOSE of £170,000 on 19th December 2014. For the value to have increased from £170,000 to £257,703 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 BIRCH CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The December 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BIRCH CLOSE has not materially changed since December 2014.

How Large is 3 BIRCH CLOSE?

3 BIRCH CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 30% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 3 BIRCH CLOSE lies on this distribution: 77% of semi-detached houses houses are smaller than 3 BIRCH CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 BIRCH CLOSE: Plot and Title Map

3 BIRCH CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 3 BIRCH 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 3 BIRCH 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 3 BIRCH CLOSE?

3 BIRCH CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 3 on BIRCH CLOSE.