20, FIELD CLOSE, MELTON MOWBRAY, LE13 1DS - £299,950

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

20 FIELD CLOSE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £299,950 in January 2022, which was around 14% below the average January 2022 detached price in the Melton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

20 FIELD CLOSE Sold Prices

Land registry data shows three sales for 20 FIELD 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 20 FIELD 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
2022 7 JAN	£299,950	£348,643	14% below HPI
2013 27 AUG	£153,250	£230,870	34% below HPI
2007 27 APR	£186,500	£243,809	24% below HPI

20 FIELD 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 20 FIELD CLOSE sales between April 2007 and January 2022 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 August 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 20 FIELD CLOSE?

20 FIELD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% 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 20 FIELD CLOSE lies on this distribution: 28% of detached houses are smaller than 20 FIELD CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

20 FIELD CLOSE: Plot and Title Map

20 FIELD CLOSE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 20 FIELD 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 20 FIELD 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 20 FIELD CLOSE?

20 FIELD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 20 on FIELD CLOSE.