10, PADDOCK CLOSE, MELTON MOWBRAY, LE13 1HF - £205,000

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 PADDOCK CLOSE is a very small extended detached house of 61m², built sometime between 1950 and 1966. It was last sold for £205,000 in December 2018, which was around 33% below the average December 2018 detached price in the Melton local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

10 PADDOCK CLOSE Sold Prices

Land registry data shows three sales for 10 PADDOCK 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. All of the three 10 PADDOCK CLOSE sales 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
2018 20 DEC	£205,000	£304,027	33% below HPI
2017 18 AUG	£157,500	£296,129	47% below HPI
1995 17 FEB	£43,000	£73,859	42% below HPI

10 PADDOCK 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 PADDOCK CLOSE sales between February 1995 and December 2018 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 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2018 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 10 PADDOCK CLOSE?

10 PADDOCK CLOSE is 61m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% 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 PADDOCK CLOSE lies on this distribution: 4% of detached houses are smaller than 10 PADDOCK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

10 PADDOCK CLOSE: Plot and Title Map

10 PADDOCK CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 10 PADDOCK 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 PADDOCK 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 PADDOCK CLOSE?

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