33, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £300,000

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

33 CAVALRY CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £300,000 in October 2023, which was around 21% below the average October 2023 detached price in the Melton local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

33 CAVALRY CLOSE Sold Prices

Land registry data shows three sales for 33 CAVALRY 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 33 CAVALRY 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
2023 13 OCT	£300,000	£378,100	21% below HPI
2010 14 SEP	£182,500	£224,809	19% below HPI
2003 23 MAY	£139,995	£182,781	23% below HPI

33 CAVALRY 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 33 CAVALRY CLOSE sales between May 2003 and October 2023 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 2010 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 33 CAVALRY CLOSE?

33 CAVALRY CLOSE is 75m² according to the EPC inspection conducted in May 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 33 CAVALRY CLOSE lies on this distribution: 10% of detached houses are smaller than 33 CAVALRY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

33 CAVALRY CLOSE: Plot and Title Map

33 CAVALRY CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 33 CAVALRY 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 33 CAVALRY 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 33 CAVALRY CLOSE?

33 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 33 on CAVALRY CLOSE.