17, RIDINGS CLOSE, ASFORDBY, MELTON MOWBRAY, LE14 3TA - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

17 RIDINGS CLOSE is a small detached house of 87m², built sometime between 2003 and 2006. It was last sold for £245,000 in April 2024, which was around 29% below the average April 2024 detached price in the Melton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

17 RIDINGS CLOSE Sold Prices

Land registry data shows three sales for 17 RIDINGS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 17 RIDINGS 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
2024 11 APR	£245,000	£345,998	29% below HPI
2023 29 JUN	£260,000	£358,667	28% below HPI
2006 3 FEB	£184,950	£210,393	12% below HPI

17 RIDINGS 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 three 17 RIDINGS CLOSE sales between February 2006 and April 2024 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 2023 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 17 RIDINGS CLOSE?

17 RIDINGS CLOSE is 87m² according to the EPC inspection conducted in January 2023. 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 17 RIDINGS CLOSE lies on this distribution: 31% of detached houses are smaller than 17 RIDINGS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

17 RIDINGS CLOSE: Plot and Title Map

17 RIDINGS CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 17 RIDINGS 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 RIDINGS 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 RIDINGS CLOSE?

17 RIDINGS CLOSE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 17 on RIDINGS CLOSE.