1, GLEBE CLOSE, LONG CLAWSON, MELTON MOWBRAY, LE14 4NY - £497,995

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 GLEBE CLOSE is a large detached house of 198m², built sometime from 2007 onwards, which could now be worth an estimated £824,695. It was last sold for £497,995 in September 2013, which was around 106% above the average September 2013 detached price in the Melton local authority area. The most recent EPC inspection was April 2011, where the current energy rating was C, and the potential energy rating was C.

1 GLEBE CLOSE Sold Prices

Land registry data shows two sales for 1 GLEBE 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. Both of the two 1 GLEBE CLOSE sales were for above 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
2013 11 SEP	£497,995	£241,283	106% above HPI
2011 18 NOV	£490,000	£241,418	103% above HPI

1 GLEBE 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 1 GLEBE CLOSE sales from November 2011 and September 2013 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 November 2011 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the September 2013 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 1 GLEBE CLOSE be worth now?

1 GLEBE CLOSE might now be worth an estimated £824,695.

This is based on house price inflation of 65.6%, between September 2013 and February 2025, 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 65.6% inflationary increase is applied to the most recent sale price for 1 GLEBE CLOSE of £497,995 on 11th September 2013. For the value to have increased from £497,995 to £824,695 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 GLEBE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2013 sale price of £497,995 represented a fair market value for the property.
• The size, condition, and specification of 1 GLEBE CLOSE has not materially changed since September 2013.

How Large is 1 GLEBE CLOSE?

1 GLEBE CLOSE is 198m² according to the EPC inspection conducted in April 2011. This puts it in the largest 40% of detached houses houses in Long Clawson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Clawson, and where 1 GLEBE CLOSE lies on this distribution: 67% of detached houses houses are smaller than 1 GLEBE CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Long Clawson.

1 GLEBE CLOSE: Plot and Title Map

1 GLEBE CLOSE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 1 GLEBE 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 GLEBE 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 GLEBE CLOSE?

1 GLEBE CLOSE is located in LONG CLAWSON, in the LE14 postcode district. The below map shows the position of No. 1 on GLEBE CLOSE.