13, FAIRFIELD CLOSE, MELTON MOWBRAY, LE13 1UD - £165,000

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.

13 FAIRFIELD CLOSE is a midsized extended semi-detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £280,357. It was last sold for £165,000 in September 2005, which was around 14% above the average September 2005 semi-detached price in the Melton local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

13 FAIRFIELD CLOSE Sold Prices

Land registry data shows four sales for 13 FAIRFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Most of the four 13 FAIRFIELD 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
2005 20 SEP	£165,000	£144,337	14% above HPI
2002 29 JUL	£105,000	£93,312	13% above HPI
1999 15 OCT	£64,000	£60,575	6% above HPI
1997 18 AUG	£50,000	£50,979	2% below HPI

13 FAIRFIELD 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 four 13 FAIRFIELD CLOSE sales between August 1997 and September 2005 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 July 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2005 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 13 FAIRFIELD CLOSE be worth now?

13 FAIRFIELD CLOSE might now be worth an estimated £280,357.

This is based on house price inflation of 69.9%, between September 2005 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 69.9% inflationary increase is applied to the most recent sale price for 13 FAIRFIELD CLOSE of £165,000 on 20th September 2005. For the value to have increased from £165,000 to £280,357 over the twenty years and seven months to February 2025, the following assumptions must hold true:

• The value of 13 FAIRFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The September 2005 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 13 FAIRFIELD CLOSE has not materially changed since September 2005.

How Large is 13 FAIRFIELD CLOSE?

13 FAIRFIELD CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 50% 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 13 FAIRFIELD CLOSE lies on this distribution: 56% of semi-detached houses houses are smaller than 13 FAIRFIELD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

13 FAIRFIELD CLOSE: Plot and Title Map

13 FAIRFIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 13 FAIRFIELD 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 13 FAIRFIELD 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 13 FAIRFIELD CLOSE?

13 FAIRFIELD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 13 on FAIRFIELD CLOSE.