2, SARSON CLOSE, ASFORDBY, MELTON MOWBRAY, LE14 3UG - £187,500

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 SARSON CLOSE is a very small detached house of 51m², built sometime between 1967 and 1975, which could now be worth an estimated £219,752. It was last sold for £187,500 in July 2021, which was around 45% below the average July 2021 detached price in the Melton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

2 SARSON CLOSE Sold Prices

Land registry data shows one sale for 2 SARSON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Melton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 21 JUL	£187,500	£343,461	45% below HPI

What might 2 SARSON CLOSE be worth now?

2 SARSON CLOSE might now be worth an estimated £219,752.

This is based on house price inflation of 17.2%, between July 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 17.2% inflationary increase is applied to the most recent sale price for 2 SARSON CLOSE of £187,500 on 21st July 2021. For the value to have increased from £187,500 to £219,752 over the five years and two months to May 2026, the following assumptions must hold true:

• The value of 2 SARSON CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2021 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SARSON CLOSE has not materially changed since July 2021.

How Large is 2 SARSON CLOSE?

2 SARSON CLOSE is 51m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 2 SARSON CLOSE lies on this distribution: 3% of detached houses are smaller than 2 SARSON CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Asfordby.

2 SARSON CLOSE: Plot

2 SARSON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m².

Where is 2 SARSON CLOSE?

2 SARSON CLOSE is located in ASFORDBY, in the LE14 postcode district.