12, LINNET CLOSE, MELTON MOWBRAY, LE13 0QB - £102,000

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

12 LINNET CLOSE is a small detached house of 86m², built sometime between 1967 and 1975. It was last sold for £102,000 in July 2008, which was around 58% below the average July 2008 detached price in the Melton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

12 LINNET CLOSE Sold Prices

Land registry data shows two sales for 12 LINNET 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 LINNET 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
2008 7 JUL	£102,000	£243,866	58% below HPI
2002 30 AUG	£77,950	£164,208	53% below HPI

12 LINNET 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 LINNET CLOSE sales from August 2002 and July 2008 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 August 2002 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the July 2008 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 12 LINNET CLOSE be worth now?

12 LINNET CLOSE might now be worth an estimated £166,524.

This is based on house price inflation of 63.3%, between July 2008 and December 2024, for 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 63.3% inflationary increase is applied to the most recent sale price for 12 LINNET CLOSE of £102,000 on 7th July 2008. For the value to have increased from £102,000 to £166,524 over the fifteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 12 LINNET CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2008 sale price of £102,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LINNET CLOSE has not materially changed since July 2008.

How Large is 12 LINNET CLOSE?

12 LINNET CLOSE is 86m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 12 LINNET CLOSE lies on this distribution: 22% of detached houses houses are smaller than 12 LINNET CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

12 LINNET CLOSE: Plot and Title Map

12 LINNET CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 12 LINNET 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 LINNET 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 LINNET CLOSE?

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