11, FIELD CLOSE, MELTON MOWBRAY, LE13 1DS - £135,000

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

11 FIELD CLOSE is a very small semi-detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £221,417. It was last sold for £135,000 in December 2012, which was around 10% below the average December 2012 semi-detached price in the Melton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was C.

11 FIELD CLOSE Sold Prices

Land registry data shows four sales for 11 FIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the four 11 FIELD 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
2012 21 DEC	£135,000	£149,333	10% below HPI
2007 27 APR	£138,000	£158,670	13% below HPI
2003 7 NOV	£112,500	£121,695	8% below HPI
2000 22 MAY	£59,500	£65,758	10% below HPI

11 FIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The four 11 FIELD CLOSE sales between May 2000 and December 2012 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 April 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2012 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 11 FIELD CLOSE be worth now?

11 FIELD CLOSE might now be worth an estimated £221,417.

This is based on house price inflation of 64%, between December 2012 and December 2024, for semi-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 64% inflationary increase is applied to the most recent sale price for 11 FIELD CLOSE of £135,000 on 21st December 2012. For the value to have increased from £135,000 to £221,417 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 11 FIELD CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The December 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 11 FIELD CLOSE has not materially changed since December 2012.

How Large is 11 FIELD CLOSE?

11 FIELD CLOSE is 77m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 11 FIELD CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 11 FIELD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 FIELD CLOSE: Plot and Title Map

11 FIELD CLOSE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 11 FIELD 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 11 FIELD 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 11 FIELD CLOSE?

11 FIELD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on FIELD CLOSE.