11, MEADOWSWEET CLOSE, MELTON MOWBRAY, LE13 0FT - £130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 MEADOWSWEET CLOSE is a very small semi-detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £221,498. It was last sold for £130,000 in December 2009, which was around 10% below the average December 2009 semi-detached price in the Melton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

11 MEADOWSWEET CLOSE Sold Prices

Land registry data shows three sales for 11 MEADOWSWEET 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 MEADOWSWEET 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
2009 1 DEC	£130,000	£143,939	10% below HPI
2001 27 APR	£67,500	£73,095	8% below HPI
1999 21 DEC	£60,000	£66,760	10% below HPI

11 MEADOWSWEET 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 MEADOWSWEET CLOSE sales between December 1999 and December 2009 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 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2009 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 11 MEADOWSWEET CLOSE be worth now?

11 MEADOWSWEET CLOSE might now be worth an estimated £221,498.

This is based on house price inflation of 70.4%, between December 2009 and February 2025, 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 70.4% inflationary increase is applied to the most recent sale price for 11 MEADOWSWEET CLOSE of £130,000 on 1st December 2009. For the value to have increased from £130,000 to £221,498 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 11 MEADOWSWEET CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The December 2009 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MEADOWSWEET CLOSE has not materially changed since December 2009.

How Large is 11 MEADOWSWEET CLOSE?

11 MEADOWSWEET CLOSE is 68m² according to the EPC inspection conducted in February 2020. 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 MEADOWSWEET CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 11 MEADOWSWEET CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 MEADOWSWEET CLOSE: Plot and Title Map

11 MEADOWSWEET CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 11 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET CLOSE?

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