12, LAMBERT CLOSE, MELTON MOWBRAY, LE13 1PR - £279,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 LAMBERT CLOSE is a large detached house of 131m², built sometime between 1983 and 1990. It was last sold for £279,950 in October 2015, which was around 4% above the average October 2015 detached price in the Melton local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was C.

12 LAMBERT CLOSE Sold Prices

Land registry data shows two sales for 12 LAMBERT 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 LAMBERT CLOSE sales were for above 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
2015 30 OCT	£279,950	£268,897	4% above HPI
2009 1 MAY	£227,000	£204,220	11% above HPI

12 LAMBERT 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 LAMBERT CLOSE sales from May 2009 and October 2015 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 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 12 LAMBERT CLOSE?

12 LAMBERT CLOSE is 131m² according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 LAMBERT CLOSE lies on this distribution: 72% of detached houses are smaller than 12 LAMBERT CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 LAMBERT CLOSE: Plot and Title Map

12 LAMBERT CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 12 LAMBERT 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 LAMBERT 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 LAMBERT CLOSE?

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