5, BURTON CLOSE, HARBY, MELTON MOWBRAY, LE14 4DF - £406,400

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.

5 BURTON CLOSE is a midsized extended detached house of 140m², built sometime between 1983 and 1990, which could now be worth an estimated £450,544. It was last sold for £406,400 in December 2021, which was around 12% above the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

5 BURTON CLOSE Sold Prices

Land registry data shows two sales for 5 BURTON 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. One of the two 5 BURTON CLOSE sales was for above the average price, whilst the other was 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
2021 13 DEC	£406,400	£363,099	12% above HPI
1998 12 JUN	£72,000	£96,010	25% below HPI

5 BURTON 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 5 BURTON CLOSE sales from June 1998 and December 2021 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 June 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 BURTON CLOSE be worth now?

5 BURTON CLOSE might now be worth an estimated £450,544.

This is based on house price inflation of 10.9%, between December 2021 and May 2026, 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 10.9% inflationary increase is applied to the most recent sale price for 5 BURTON CLOSE of £406,400 on 13th December 2021. For the value to have increased from £406,400 to £450,544 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 BURTON CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2021 sale price of £406,400 represented a fair market value for the property.
• The size, condition, and specification of 5 BURTON CLOSE has not materially changed since December 2021.

How Large is 5 BURTON CLOSE?

5 BURTON CLOSE is 140m², which includes four extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where 5 BURTON CLOSE lies on this distribution: 57% of detached houses houses are smaller than 5 BURTON CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Harby.

5 BURTON CLOSE: Plot and Title Map

5 BURTON CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 BURTON 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 5 BURTON 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 5 BURTON CLOSE?

5 BURTON CLOSE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 5 on BURTON CLOSE.