3, DOVEDALE CLOSE, MELTON MOWBRAY, LE13 0HQ - £372,500

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.

3 DOVEDALE CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £388,539. It was last sold for £372,500 in April 2023, which was around 3% below the average April 2023 detached price in the Melton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 DOVEDALE CLOSE Sold Prices

Land registry data shows three sales for 3 DOVEDALE 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 3 DOVEDALE 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
2023 25 APR	£372,500	£383,078	3% below HPI
2018 30 NOV	£244,000	£314,446	22% below HPI
1998 20 AUG	£93,950	£98,000	4% below HPI

3 DOVEDALE 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 3 DOVEDALE CLOSE sales between August 1998 and April 2023 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 November 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 DOVEDALE CLOSE be worth now?

3 DOVEDALE CLOSE might now be worth an estimated £388,539.

This is based on house price inflation of 4.3%, between April 2023 and February 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 4.3% inflationary increase is applied to the most recent sale price for 3 DOVEDALE CLOSE of £372,500 on 25th April 2023. For the value to have increased from £372,500 to £388,539 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 3 DOVEDALE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2023 sale price of £372,500 represented a fair market value for the property.
• The size, condition, and specification of 3 DOVEDALE CLOSE has not materially changed since April 2023.

How Large is 3 DOVEDALE CLOSE?

3 DOVEDALE CLOSE is 95m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% 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 3 DOVEDALE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 3 DOVEDALE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 DOVEDALE CLOSE: Plot and Title Map

3 DOVEDALE CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 3 DOVEDALE 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 DOVEDALE 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 DOVEDALE CLOSE?

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