1, FAIRFIELD CLOSE, MELTON MOWBRAY, LE13 1UD - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 FAIRFIELD CLOSE is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £415,000 in December 2024, which was around 4% above the average December 2024 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

1 FAIRFIELD CLOSE Sold Prices

Land registry data shows three sales for 1 FAIRFIELD 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. One of the three 1 FAIRFIELD CLOSE sales was for above the average price, whilst two 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
2024 12 DEC	£415,000	£398,132	4% above HPI
2015 25 SEP	£270,000	£279,459	3% below HPI
1998 31 JUL	£65,950	£99,143	33% below HPI

1 FAIRFIELD 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 1 FAIRFIELD CLOSE sales between July 1998 and December 2024 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 September 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 FAIRFIELD CLOSE?

1 FAIRFIELD CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 1 FAIRFIELD CLOSE lies on this distribution: 78% of detached houses houses are smaller than 1 FAIRFIELD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 FAIRFIELD CLOSE: Plot and Title Map

1 FAIRFIELD CLOSE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 1 FAIRFIELD 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 1 FAIRFIELD 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 1 FAIRFIELD CLOSE?

1 FAIRFIELD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 1 on FAIRFIELD CLOSE.