19, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £328,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

19 CAVALRY CLOSE is a midsized extended detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £345,041. It was last sold for £328,500 in September 2021, which was around 7% below the average September 2021 detached price in the Melton local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

19 CAVALRY CLOSE Sold Prices

Land registry data shows three sales for 19 CAVALRY 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 19 CAVALRY 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 3 SEP	£328,500	£352,011	7% below HPI
2009 1 OCT	£195,000	£225,368	13% below HPI
2002 19 DEC	£165,995	£170,733	3% below HPI

19 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 three 19 CAVALRY CLOSE sales between December 2002 and September 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 October 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 19 CAVALRY CLOSE be worth now?

19 CAVALRY CLOSE might now be worth an estimated £345,041.

This is based on house price inflation of 5%, between September 2021 and June 2025, for 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 5% inflationary increase is applied to the most recent sale price for 19 CAVALRY CLOSE of £328,500 on 3rd September 2021. For the value to have increased from £328,500 to £345,041 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 19 CAVALRY CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2021 sale price of £328,500 represented a fair market value for the property.
• The size, condition, and specification of 19 CAVALRY CLOSE has not materially changed since September 2021.

How Large is 19 CAVALRY CLOSE?

19 CAVALRY CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 50% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 19 CAVALRY CLOSE lies on this distribution: 44% of detached houses houses are smaller than 19 CAVALRY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

19 CAVALRY CLOSE: Plot and Title Map

19 CAVALRY CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 19 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 19 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 19 CAVALRY CLOSE?

19 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 19 on CAVALRY CLOSE.