3, HILARY CLOSE, MELTON MOWBRAY, LE13 1PU - £370,000

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 HILARY CLOSE is a midsized detached house of 103m², built sometime between 1996 and 2002. It was last sold for £370,000 in December 2021, which was around 6% above the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

3 HILARY CLOSE Sold Prices

Land registry data shows four sales for 3 HILARY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Most of the four 3 HILARY 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
2021 14 DEC	£370,000	£350,074	6% above HPI
2019 26 APR	£307,500	£312,451	2% below HPI
1999 7 MAY	£110,500	£93,975	18% above HPI
1997 6 JUN	£99,995	£83,900	19% above HPI

3 HILARY 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 four 3 HILARY CLOSE sales between June 1997 and December 2021 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 2019 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 3 HILARY CLOSE?

3 HILARY CLOSE is 103m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 HILARY CLOSE lies on this distribution: 43% of detached houses are smaller than 3 HILARY CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 HILARY CLOSE: Plot and Title Map

3 HILARY CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 HILARY 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 HILARY 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 HILARY CLOSE?

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