10, COTSWOLD CLOSE, MELTON MOWBRAY, LE13 0JT - £279,000

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

10 COTSWOLD CLOSE is a very large detached house of 150m², built sometime between 1991 and 1995, which could now be worth an estimated £502,942. It was last sold for £279,000 in July 2004, which was around 26% above the average July 2004 detached price in the Melton local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

10 COTSWOLD CLOSE Sold Prices

Land registry data shows two sales for 10 COTSWOLD 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 10 COTSWOLD 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
2004 29 JUL	£279,000	£220,858	26% above HPI
1996 8 FEB	£127,000	£82,126	55% above HPI

10 COTSWOLD 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 10 COTSWOLD CLOSE sales from February 1996 and July 2004 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 February 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2004 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 10 COTSWOLD CLOSE be worth now?

10 COTSWOLD CLOSE might now be worth an estimated £502,942.

This is based on house price inflation of 80.3%, between July 2004 and December 2024, 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 80.3% inflationary increase is applied to the most recent sale price for 10 COTSWOLD CLOSE of £279,000 on 29th July 2004. For the value to have increased from £279,000 to £502,942 over the nineteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 10 COTSWOLD CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2004 sale price of £279,000 represented a fair market value for the property.
• The size, condition, and specification of 10 COTSWOLD CLOSE has not materially changed since July 2004.

How Large is 10 COTSWOLD CLOSE?

10 COTSWOLD CLOSE is 150m² according to the EPC inspection conducted in January 2014. This puts it in the largest 20% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 10 COTSWOLD CLOSE lies on this distribution: 84% of detached houses houses are smaller than 10 COTSWOLD CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 COTSWOLD CLOSE: Plot and Title Map

10 COTSWOLD CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 10 COTSWOLD 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 10 COTSWOLD 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 10 COTSWOLD CLOSE?

10 COTSWOLD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 10 on COTSWOLD CLOSE.