17, JOHNSON CLOSE, MELTON MOWBRAY, LE13 1TH - £189,950

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

17 JOHNSON CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975. It was last sold for £189,950 in January 2021, which was around 44% below the average January 2021 detached price in the Melton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

17 JOHNSON CLOSE Sold Prices

Land registry data shows two sales for 17 JOHNSON 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 17 JOHNSON 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
2021 20 JAN	£189,950	£338,188	44% below HPI
2003 5 SEP	£108,000	£196,529	45% below HPI

17 JOHNSON 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 17 JOHNSON CLOSE sales from September 2003 and January 2021 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 September 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 17 JOHNSON CLOSE?

17 JOHNSON CLOSE is 63m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 17 JOHNSON CLOSE lies on this distribution: 4% of detached houses are smaller than 17 JOHNSON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 JOHNSON CLOSE: Plot and Title Map

17 JOHNSON CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 17 JOHNSON 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 17 JOHNSON 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 17 JOHNSON CLOSE?

17 JOHNSON CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 17 on JOHNSON CLOSE.