12, BARNGATE CLOSE, MELTON MOWBRAY, LE13 1UQ - £221,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 BARNGATE CLOSE is a very small detached house of 67m², built sometime between 1983 and 1990. It was last sold for £221,000 in March 2023, which was around 40% below the average March 2023 detached price in the Melton local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

12 BARNGATE CLOSE Sold Prices

Land registry data shows two sales for 12 BARNGATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 12 BARNGATE 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
2023 23 MAR	£221,000	£369,559	40% below HPI
1995 1 SEP	£72,250	£77,170	6% below HPI

12 BARNGATE 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 two 12 BARNGATE CLOSE sales from September 1995 and March 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 September 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 12 BARNGATE CLOSE?

12 BARNGATE CLOSE is 67m² according to the EPC inspection conducted in July 2022. 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 12 BARNGATE CLOSE lies on this distribution: 5% of detached houses are smaller than 12 BARNGATE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 BARNGATE CLOSE: Plot and Title Map

12 BARNGATE CLOSE sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 12 BARNGATE 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 12 BARNGATE 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 12 BARNGATE CLOSE?

12 BARNGATE CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 12 on BARNGATE CLOSE.