15, COWMAN CLOSE, ASFORDBY, MELTON MOWBRAY, LE14 3RW - £210,000

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

15 COWMAN CLOSE is a small detached house of 88m², built sometime between 1996 and 2002. It was last sold for £210,000 in April 2016, which was around 24% below the average April 2016 detached price in the Melton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

15 COWMAN CLOSE Sold Prices

Land registry data shows four sales for 15 COWMAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 15 COWMAN 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
2016 22 APR	£210,000	£276,241	24% below HPI
2014 21 OCT	£200,000	£258,222	23% below HPI
2004 7 MAY	£171,250	£205,881	17% below HPI
2001 20 DEC	£110,000	£137,027	20% below HPI

15 COWMAN 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 four 15 COWMAN CLOSE sales between December 2001 and April 2016 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 15 COWMAN CLOSE?

15 COWMAN CLOSE is 88m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 15 COWMAN CLOSE lies on this distribution: 33% of detached houses are smaller than 15 COWMAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

15 COWMAN CLOSE: Plot and Title Map

15 COWMAN CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 15 COWMAN 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 15 COWMAN 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 15 COWMAN CLOSE?

15 COWMAN CLOSE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 15 on COWMAN CLOSE.