3, BRIDLE CLOSE, MELTON MOWBRAY, LE13 0SW - £275,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 BRIDLE CLOSE is a very large extended detached house of 186m², built sometime between 1991 and 1995. It was last sold for £275,000 in October 2012, which was around 15% above the average October 2012 detached price in the Melton local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

3 BRIDLE CLOSE Sold Prices

Land registry data shows two sales for 3 BRIDLE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 3 BRIDLE CLOSE sales were for above 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
2012 30 OCT	£275,000	£239,653	15% above HPI
2003 15 APR	£238,950	£170,086	40% above HPI

3 BRIDLE 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 two 3 BRIDLE CLOSE sales from April 2003 and October 2012 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 April 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2012 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 3 BRIDLE CLOSE?

3 BRIDLE CLOSE is 186m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% 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 3 BRIDLE CLOSE lies on this distribution: 94% of detached houses are smaller than 3 BRIDLE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 BRIDLE CLOSE: Plot and Title Map

3 BRIDLE CLOSE sits on a plot of roughly 0.099 of an acre, or 403m². The below map shows the location of 3 BRIDLE 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 3 BRIDLE 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 3 BRIDLE CLOSE?

3 BRIDLE CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 3 on BRIDLE CLOSE.