3, MEADOWSWEET CLOSE, MELTON MOWBRAY, LE13 0FT - £130,000

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 MEADOWSWEET CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002. It was last sold for £130,000 in July 2012, which was around 45% below the average July 2012 detached price in the Melton local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

3 MEADOWSWEET CLOSE Sold Prices

Land registry data shows three sales for 3 MEADOWSWEET 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 MEADOWSWEET 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
2012 26 JUL	£130,000	£236,418	45% below HPI
2007 25 JUN	£143,000	£246,992	42% below HPI
2004 8 JAN	£108,000	£198,274	46% below HPI

3 MEADOWSWEET 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 MEADOWSWEET CLOSE sales between January 2004 and July 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 June 2007 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2012 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 3 MEADOWSWEET CLOSE?

3 MEADOWSWEET CLOSE is 66m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 MEADOWSWEET CLOSE lies on this distribution: 5% of detached houses are smaller than 3 MEADOWSWEET CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 MEADOWSWEET CLOSE: Plot and Title Map

3 MEADOWSWEET CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET CLOSE?

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