1, SOAR CLOSE, MELTON MOWBRAY, LE13 0HD - £200,000

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 SOAR CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £200,000 in November 2012, which was around 17% below the average November 2012 detached price in the Melton local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

1 SOAR CLOSE Sold Prices

Land registry data shows two sales for 1 SOAR 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 SOAR 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
2012 8 NOV	£200,000	£242,078	17% below HPI
2002 29 JUL	£105,000	£156,269	33% below HPI

1 SOAR 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 SOAR CLOSE sales from July 2002 and November 2012 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 July 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 SOAR CLOSE?

1 SOAR CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 50% 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 SOAR CLOSE lies on this distribution: 51% of detached houses are smaller than 1 SOAR CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 SOAR CLOSE: Plot and Title Map

1 SOAR CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1 SOAR 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 SOAR 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 SOAR CLOSE?

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