23, LINNET CLOSE, MELTON MOWBRAY, LE13 0QB - £140,000

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.

23 LINNET CLOSE is a small terraced house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £147,356. It was last sold for £140,000 in April 2022, which was around 21% below the average April 2022 terraced price in the Melton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

23 LINNET CLOSE Sold Prices

Land registry data shows four sales for 23 LINNET CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. All of the four 23 LINNET 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 22 APR	£140,000	£176,903	21% below HPI
2007 25 OCT	£106,250	£141,502	25% below HPI
2006 2 JUN	£120,000	£125,854	5% below HPI
1995 20 OCT	£36,500	£36,841	1% below HPI

23 LINNET CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The four 23 LINNET CLOSE sales between October 1995 and April 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 October 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 23 LINNET CLOSE be worth now?

23 LINNET CLOSE might now be worth an estimated £147,356.

This is based on house price inflation of 5.3%, between April 2022 and July 2025, for terraced 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 5.3% inflationary increase is applied to the most recent sale price for 23 LINNET CLOSE of £140,000 on 22nd April 2022. For the value to have increased from £140,000 to £147,356 over the two years and nine months to July 2025, the following assumptions must hold true:

• The value of 23 LINNET CLOSE has moved in line with the HPI for terraced houses in the Melton local authority area.
• The April 2022 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LINNET CLOSE has not materially changed since April 2022.

How Large is 23 LINNET CLOSE?

23 LINNET CLOSE is 87m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of terraced houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Melton Mowbray, and where 23 LINNET CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 23 LINNET CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

23 LINNET CLOSE: Plot and Title Map

23 LINNET CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 23 LINNET 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 23 LINNET 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 23 LINNET CLOSE?

23 LINNET CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 23 on LINNET CLOSE.