1, KEATS CLOSE, MELTON MOWBRAY, LE13 1NZ - £352,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 KEATS CLOSE is a large extended detached house of 127m², built sometime between 1983 and 1990. It was last sold for £352,000 in March 2021, which was around 7% above the average March 2021 detached price in the Melton local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

1 KEATS CLOSE Sold Prices

Land registry data shows five sales for 1 KEATS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the five 1 KEATS 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
2021 31 MAR	£352,000	£328,652	7% above HPI
2007 10 AUG	£250,000	£263,822	5% below HPI
2002 31 MAY	£137,000	£149,019	8% below HPI
1997 8 AUG	£99,950	£85,182	17% above HPI
1995 21 DEC	£87,950	£77,093	14% above HPI

1 KEATS 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 five 1 KEATS CLOSE sales between December 1995 and March 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 August 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2021 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 KEATS CLOSE?

1 KEATS CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 40% 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 1 KEATS CLOSE lies on this distribution: 69% of detached houses are smaller than 1 KEATS CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 KEATS CLOSE: Plot and Title Map

1 KEATS CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 1 KEATS 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 KEATS 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 KEATS CLOSE?

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