18, CHADWELL CLOSE, MELTON MOWBRAY, LE13 1EH - £199,000

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

18 CHADWELL CLOSE is a very small semi-detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £247,769. It was last sold for £199,000 in July 2019, which was around 1% above the average July 2019 semi-detached price in the Melton local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

18 CHADWELL CLOSE Sold Prices

Land registry data shows four sales for 18 CHADWELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. One of the four 18 CHADWELL CLOSE sales was for above the average price, whilst two 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
2019 8 JUL	£199,000	£196,716	1% above HPI
2018 9 NOV	£185,000	£190,518	3% below HPI
2001 16 AUG	£74,750	£74,449	Close to HPI
1997 31 OCT	£47,450	£51,617	8% below HPI

18 CHADWELL 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 four 18 CHADWELL CLOSE sales between October 1997 and July 2019 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 November 2018 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 18 CHADWELL CLOSE be worth now?

18 CHADWELL CLOSE might now be worth an estimated £247,769.

This is based on house price inflation of 24.5%, between July 2019 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 24.5% inflationary increase is applied to the most recent sale price for 18 CHADWELL CLOSE of £199,000 on 8th July 2019. For the value to have increased from £199,000 to £247,769 over the four years and seven months to December 2024, the following assumptions must hold true:

• The value of 18 CHADWELL CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The July 2019 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CHADWELL CLOSE has not materially changed since July 2019.

How Large is 18 CHADWELL CLOSE?

18 CHADWELL CLOSE is 68m² according to the EPC inspection conducted in June 2018. 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 18 CHADWELL CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 18 CHADWELL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

18 CHADWELL CLOSE: Plot and Title Map

18 CHADWELL CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 18 CHADWELL 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 18 CHADWELL 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 18 CHADWELL CLOSE?

18 CHADWELL CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 18 on CHADWELL CLOSE.