10, LYLE CLOSE, MELTON MOWBRAY, LE13 1HS - £435,000

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 LYLE CLOSE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £465,543. It was last sold for £435,000 in June 2023, which was around 17% above the average June 2023 detached price in the Melton local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

10 LYLE CLOSE Sold Prices

Land registry data shows three sales for 10 LYLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the three 10 LYLE CLOSE sales was for above the average price, whilst two 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
2023 30 JUN	£435,000	£372,012	17% above HPI
2016 26 AUG	£290,000	£292,095	1% below HPI
2006 24 FEB	£187,000	£218,221	14% below HPI

10 LYLE 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 three 10 LYLE CLOSE sales between February 2006 and June 2023 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 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2023 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 10 LYLE CLOSE be worth now?

10 LYLE CLOSE might now be worth an estimated £465,543.

This is based on house price inflation of 7%, between June 2023 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 7% inflationary increase is applied to the most recent sale price for 10 LYLE CLOSE of £435,000 on 30th June 2023. For the value to have increased from £435,000 to £465,543 over the six months to December 2024, the following assumptions must hold true:

• The value of 10 LYLE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2023 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LYLE CLOSE has not materially changed since June 2023.

How Large is 10 LYLE CLOSE?

10 LYLE CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 LYLE CLOSE lies on this distribution: 57% of detached houses houses are smaller than 10 LYLE CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 LYLE CLOSE: Plot and Title Map

10 LYLE CLOSE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 10 LYLE 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 LYLE 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 LYLE CLOSE?

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