1, SYCAMORE CLOSE, MELTON MOWBRAY, LE13 0PX - £350,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

1 SYCAMORE CLOSE is a large extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £350,000 in May 2021, which was around 6% above the average May 2021 detached price in the Melton local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

1 SYCAMORE CLOSE Sold Prices

Land registry data shows four sales for 1 SYCAMORE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 1 SYCAMORE 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 7 MAY	£350,000	£331,140	6% above HPI
2009 14 AUG	£250,000	£213,068	17% above HPI
2005 29 NOV	£250,000	£227,193	10% above HPI
2003 23 JAN	£192,000	£170,278	13% above HPI

1 SYCAMORE 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 four 1 SYCAMORE CLOSE sales between January 2003 and May 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 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 1 SYCAMORE CLOSE?

1 SYCAMORE CLOSE is 140m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 30% 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 SYCAMORE CLOSE lies on this distribution: 79% of detached houses are smaller than 1 SYCAMORE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 SYCAMORE CLOSE: Plot and Title Map

1 SYCAMORE CLOSE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 1 SYCAMORE 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 SYCAMORE 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 SYCAMORE CLOSE?

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