3, GRANGE CLOSE, MELTON MOWBRAY, LE13 0RZ - £300,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

3 GRANGE CLOSE is a small detached house of 95m², built in 2017. It was last sold for £300,000 in November 2024, which was around 20% below the average November 2024 detached price in the Melton local authority area. The most recent EPC inspection was January 2024, where the current energy rating was B, and the potential energy rating was A.

3 GRANGE CLOSE Sold Prices

Land registry data shows two sales for 3 GRANGE 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 GRANGE 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
2024 29 NOV	£300,000	£374,621	20% below HPI
2021 24 SEP	£295,995	£339,383	13% below HPI

3 GRANGE 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 GRANGE CLOSE sales from September 2021 and November 2024 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 September 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 GRANGE CLOSE?

3 GRANGE CLOSE is 95m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% 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 GRANGE CLOSE lies on this distribution: 35% of detached houses are smaller than 3 GRANGE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 GRANGE CLOSE: Plot and Title Map

3 GRANGE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 GRANGE 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 GRANGE 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 GRANGE CLOSE?

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