32, FIELD CLOSE, MELTON MOWBRAY, LE13 1DS - £199,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

32 FIELD CLOSE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £199,950 in February 2022, which was around 42% below the average February 2022 detached price in the Melton local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

32 FIELD CLOSE Sold Prices

Land registry data shows two sales for 32 FIELD 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 32 FIELD 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
2022 25 FEB	£199,950	£345,791	42% below HPI
2015 27 NOV	£162,500	£269,233	40% below HPI

32 FIELD 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 32 FIELD CLOSE sales from November 2015 and February 2022 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 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 32 FIELD CLOSE?

32 FIELD CLOSE is 55m² according to the EPC inspection conducted in January 2015. 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 32 FIELD CLOSE lies on this distribution: 1% of detached houses are smaller than 32 FIELD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

32 FIELD CLOSE: Plot and Title Map

32 FIELD CLOSE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 32 FIELD 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 32 FIELD 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 32 FIELD CLOSE?

32 FIELD CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 32 on FIELD CLOSE.