10, LAMBERT CLOSE, MELTON MOWBRAY, LE13 1PR - £375,000

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

10 LAMBERT CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £375,000 in March 2021, which was around 14% above the average March 2021 detached price in the Melton local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

10 LAMBERT CLOSE Sold Prices

Land registry data shows four sales for 10 LAMBERT 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 10 LAMBERT 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 2 MAR	£375,000	£328,652	14% above HPI
2015 18 DEC	£290,000	£266,697	9% above HPI
2012 15 MAY	£245,000	£230,209	6% above HPI
2006 2 MAY	£256,000	£226,324	13% above HPI

10 LAMBERT 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 10 LAMBERT CLOSE sales between May 2006 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 December 2015 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 10 LAMBERT CLOSE?

10 LAMBERT CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 10 LAMBERT CLOSE lies on this distribution: 74% of detached houses are smaller than 10 LAMBERT CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 LAMBERT CLOSE: Plot and Title Map

10 LAMBERT CLOSE sits on a plot of roughly 0.136 of an acre, or 548m². The below map shows the location of 10 LAMBERT 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 LAMBERT 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 LAMBERT CLOSE?

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