3, SADDLE CLOSE, MELTON MOWBRAY, LE13 0SX - £318,750

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SADDLE CLOSE is a very large extended detached house of 170m², built sometime between 1991 and 1995, which could now be worth an estimated £544,381. It was last sold for £318,750 in December 2005, which was around 37% above the average December 2005 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

3 SADDLE CLOSE Sold Prices

Land registry data shows two sales for 3 SADDLE 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 SADDLE 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
2005 15 DEC	£318,750	£233,117	37% above HPI
2003 13 JUN	£315,950	£192,496	64% above HPI

3 SADDLE 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 SADDLE CLOSE sales from June 2003 and December 2005 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 2003 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the December 2005 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 3 SADDLE CLOSE be worth now?

3 SADDLE CLOSE might now be worth an estimated £544,381.

This is based on house price inflation of 70.8%, between December 2005 and December 2024, 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 70.8% inflationary increase is applied to the most recent sale price for 3 SADDLE CLOSE of £318,750 on 15th December 2005. For the value to have increased from £318,750 to £544,381 over the nineteen years to December 2024, the following assumptions must hold true:

• The value of 3 SADDLE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2005 sale price of £318,750 represented a fair market value for the property.
• The size, condition, and specification of 3 SADDLE CLOSE has not materially changed since December 2005.

How Large is 3 SADDLE CLOSE?

3 SADDLE CLOSE is 170m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 10% 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 SADDLE CLOSE lies on this distribution: 92% of detached houses houses are smaller than 3 SADDLE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

3 SADDLE CLOSE: Plot and Title Map

3 SADDLE CLOSE sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of 3 SADDLE 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 SADDLE 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 SADDLE CLOSE?

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