1, WALNUT CLOSE, STATHERN, MELTON MOWBRAY, LE14 4HY - £340,000

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 WALNUT CLOSE is a midsized extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £340,000 in October 2016, which was around 21% above the average October 2016 detached price in the Melton local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

1 WALNUT CLOSE Sold Prices

Land registry data shows two sales for 1 WALNUT 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 WALNUT 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
2016 18 OCT	£340,000	£281,742	21% above HPI
2008 28 JUL	£249,000	£235,118	6% above HPI

1 WALNUT 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 WALNUT CLOSE sales from July 2008 and October 2016 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 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 1 WALNUT CLOSE?

1 WALNUT CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 1 WALNUT CLOSE lies on this distribution: 49% of detached houses are smaller than 1 WALNUT CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Stathern.

1 WALNUT CLOSE: Plot and Title Map

1 WALNUT CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 1 WALNUT 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 WALNUT 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 WALNUT CLOSE?

1 WALNUT CLOSE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 1 on WALNUT CLOSE.