4, LYLE CLOSE, MELTON MOWBRAY, LE13 1HS - £299,000

4 LYLE CLOSE is a small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £299,000 in February 2022, which was around 14% below the average February 2022 detached price in the Melton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

4 LYLE CLOSE Sold Prices

Land registry data shows five sales for 4 LYLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 4 LYLE 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
2022 17 FEB	£299,000	£347,632	14% below HPI
2017 24 FEB	£205,000	£294,770	30% below HPI
2008 20 JUN	£173,500	£238,571	27% below HPI
2002 31 MAY	£115,000	£149,019	23% below HPI
2001 30 MAR	£90,000	£121,929	26% below HPI

4 LYLE 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 five 4 LYLE CLOSE sales between March 2001 and February 2022 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 February 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 4 LYLE CLOSE?

4 LYLE CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% 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 4 LYLE CLOSE lies on this distribution: 28% of detached houses are smaller than 4 LYLE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 LYLE CLOSE: Plot and Title Map

4 LYLE CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 4 LYLE 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 4 LYLE 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 4 LYLE CLOSE?

4 LYLE CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 4 on LYLE CLOSE.