15, MEADOWSWEET CLOSE, MELTON MOWBRAY, LE13 0FT - £175,000

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

15 MEADOWSWEET CLOSE is a very small semi-detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £221,713. It was last sold for £175,000 in June 2018, which was around 9% below the average June 2018 semi-detached price in the Melton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

15 MEADOWSWEET CLOSE Sold Prices

Land registry data shows three sales for 15 MEADOWSWEET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. All of the three 15 MEADOWSWEET 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
2018 28 JUN	£175,000	£193,321	9% below HPI
2013 13 MAR	£128,000	£144,738	12% below HPI
1999 29 OCT	£59,950	£60,575	1% below HPI

15 MEADOWSWEET 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 three 15 MEADOWSWEET CLOSE sales between October 1999 and June 2018 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 March 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 15 MEADOWSWEET CLOSE be worth now?

15 MEADOWSWEET CLOSE might now be worth an estimated £221,713.

This is based on house price inflation of 26.7%, between June 2018 and December 2024, 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 26.7% inflationary increase is applied to the most recent sale price for 15 MEADOWSWEET CLOSE of £175,000 on 28th June 2018. For the value to have increased from £175,000 to £221,713 over the five years and six months to December 2024, the following assumptions must hold true:

• The value of 15 MEADOWSWEET CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The June 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MEADOWSWEET CLOSE has not materially changed since June 2018.

How Large is 15 MEADOWSWEET CLOSE?

15 MEADOWSWEET CLOSE is 62m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% 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 15 MEADOWSWEET CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 15 MEADOWSWEET CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

15 MEADOWSWEET CLOSE: Plot and Title Map

15 MEADOWSWEET CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 15 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET CLOSE?

15 MEADOWSWEET CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 15 on MEADOWSWEET CLOSE.