14, WITHAM CLOSE, MELTON MOWBRAY, LE13 0EA - £202,000

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

14 WITHAM CLOSE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £202,000 in January 2019, which was around 35% below the average January 2019 detached price in the Melton local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

14 WITHAM CLOSE Sold Prices

Land registry data shows two sales for 14 WITHAM 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 14 WITHAM 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
2019 17 JAN	£202,000	£308,445	35% below HPI
2017 13 NOV	£168,000	£299,805	44% below HPI

14 WITHAM 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 14 WITHAM CLOSE sales from November 2017 and January 2019 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 November 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 14 WITHAM CLOSE?

14 WITHAM CLOSE is 79m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 14 WITHAM CLOSE lies on this distribution: 13% of detached houses are smaller than 14 WITHAM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

14 WITHAM CLOSE: Plot and Title Map

14 WITHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 14 WITHAM 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 14 WITHAM 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 14 WITHAM CLOSE?

14 WITHAM CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 14 on WITHAM CLOSE.