11, IRWELL CLOSE, MELTON MOWBRAY, LE13 0EL - £138,000

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 IRWELL CLOSE is a very small semi-detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £170,160. It was last sold for £138,000 in January 2020, which was around 31% below the average January 2020 semi-detached price in the Melton local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

11 IRWELL CLOSE Sold Prices

Land registry data shows three sales for 11 IRWELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 11 IRWELL 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
2020 8 JAN	£138,000	£198,634	31% below HPI
1997 9 MAY	£39,500	£51,210	23% below HPI
1995 30 JUN	£40,000	£48,868	18% below HPI

11 IRWELL 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 three 11 IRWELL CLOSE sales between June 1995 and January 2020 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 May 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 11 IRWELL CLOSE be worth now?

11 IRWELL CLOSE might now be worth an estimated £170,160.

This is based on house price inflation of 23.3%, between January 2020 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 23.3% inflationary increase is applied to the most recent sale price for 11 IRWELL CLOSE of £138,000 on 8th January 2020. For the value to have increased from £138,000 to £170,160 over the three years and one month to December 2024, the following assumptions must hold true:

• The value of 11 IRWELL CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The January 2020 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 11 IRWELL CLOSE has not materially changed since January 2020.

How Large is 11 IRWELL CLOSE?

11 IRWELL CLOSE is 59m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 IRWELL CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 11 IRWELL CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 IRWELL CLOSE: Plot and Title Map

11 IRWELL CLOSE sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 11 IRWELL 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 IRWELL 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 IRWELL CLOSE?

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