16, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £227,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 CAVALRY CLOSE is a large detached house of 127m², built sometime between 1996 and 2002. It was last sold for £227,500 in April 2016, which was around 18% below the average April 2016 detached price in the Melton local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

16 CAVALRY CLOSE Sold Prices

Land registry data shows two sales for 16 CAVALRY 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. One of the two 16 CAVALRY CLOSE sales was for below the average price, whilst the other was roughly equal to 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 15 APR	£227,500	£276,241	18% below HPI
2003 27 JUN	£184,995	£185,591	Close to HPI

16 CAVALRY 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 16 CAVALRY CLOSE sales from June 2003 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 June 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 16 CAVALRY CLOSE?

16 CAVALRY CLOSE is 127m² according to the EPC inspection conducted in April 2015. This puts it in the largest 40% 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 16 CAVALRY CLOSE lies on this distribution: 69% of detached houses are smaller than 16 CAVALRY CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 CAVALRY CLOSE: Plot and Title Map

16 CAVALRY CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 16 CAVALRY 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 16 CAVALRY 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 16 CAVALRY CLOSE?

16 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 16 on CAVALRY CLOSE.