2, BARNGATE CLOSE, MELTON MOWBRAY, LE13 1UQ - £212,000

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

2 BARNGATE CLOSE is a very small detached house of 82m², built sometime between 1976 and 1982. It was last sold for £212,000 in October 2019, which was around 32% below the average October 2019 detached price in the Melton local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

2 BARNGATE CLOSE Sold Prices

Land registry data shows four sales for 2 BARNGATE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 2 BARNGATE 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
2019 11 OCT	£212,000	£313,396	32% below HPI
2015 19 JUN	£185,000	£262,200	29% below HPI
2014 10 APR	£179,000	£239,265	25% below HPI
2013 27 SEP	£136,000	£232,628	42% below HPI

2 BARNGATE 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 four 2 BARNGATE CLOSE sales between September 2013 and October 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 June 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 BARNGATE CLOSE?

2 BARNGATE CLOSE is 82m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 2 BARNGATE CLOSE lies on this distribution: 16% of detached houses are smaller than 2 BARNGATE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

2 BARNGATE CLOSE: Plot and Title Map

2 BARNGATE CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 2 BARNGATE 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 2 BARNGATE 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 2 BARNGATE CLOSE?

2 BARNGATE CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 2 on BARNGATE CLOSE.