9, MEADOWSWEET CLOSE, MELTON MOWBRAY, LE13 0FT - £172,500

9 MEADOWSWEET CLOSE is a very small semi-detached house of 65m², built sometime between 2003 and 2006. It was last sold for £172,500 in September 2017, which was around 43% below the average September 2017 detached price in the Melton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

9 MEADOWSWEET CLOSE Sold Prices

Land registry data shows three sales for 9 MEADOWSWEET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 9 MEADOWSWEET 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 19 SEP	£172,500	£300,790	43% below HPI
2015 27 MAY	£158,000	£255,597	38% below HPI
2008 13 JUN	£157,000	£238,571	34% below HPI

9 MEADOWSWEET 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 three 9 MEADOWSWEET CLOSE sales between June 2008 and September 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 May 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2017 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 9 MEADOWSWEET CLOSE?

9 MEADOWSWEET CLOSE is 65m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 9 MEADOWSWEET CLOSE lies on this distribution: 5% of detached houses are smaller than 9 MEADOWSWEET CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 MEADOWSWEET CLOSE: Plot and Title Map

9 MEADOWSWEET CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 9 MEADOWSWEET 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 9 MEADOWSWEET 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 9 MEADOWSWEET CLOSE?

9 MEADOWSWEET CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 9 on MEADOWSWEET CLOSE.