17, ROSS CLOSE, MELTON MOWBRAY, LE13 1NG - £400,000

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

17 ROSS CLOSE is a very large detached house of 141m², built sometime between 1991 and 1995. It was last sold for £400,000 in December 2021, which was around 14% above the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

17 ROSS CLOSE Sold Prices

Land registry data shows three sales for 17 ROSS 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 ROSS CLOSE sales were for above 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 2 DEC	£400,000	£350,074	14% above HPI
2006 20 DEC	£267,000	£238,194	12% above HPI
2001 1 FEB	£137,000	£116,316	18% above HPI

17 ROSS 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 ROSS CLOSE sales between February 2001 and December 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 December 2006 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the December 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 17 ROSS CLOSE?

17 ROSS CLOSE is 141m² according to the EPC inspection conducted in March 2021. This puts it in the largest 20% 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 ROSS CLOSE lies on this distribution: 80% of detached houses are smaller than 17 ROSS CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

17 ROSS CLOSE: Plot and Title Map

17 ROSS CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 17 ROSS 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 ROSS 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 ROSS CLOSE?

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