4, BRIDLE CLOSE, MELTON MOWBRAY, LE13 0SW - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 BRIDLE CLOSE is a very large detached house of 169m², built sometime between 1996 and 2002, which could now be worth an estimated £464,761. It was last sold for £285,000 in May 2014, which was around 16% above the average May 2014 detached price in the Melton local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

4 BRIDLE CLOSE Sold Prices

Land registry data shows three sales for 4 BRIDLE 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 4 BRIDLE 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
2014 1 MAY	£285,000	£245,025	16% above HPI
2013 18 APR	£268,000	£237,335	13% above HPI
2002 18 DEC	£238,950	£170,733	40% above HPI

4 BRIDLE 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 4 BRIDLE CLOSE sales between December 2002 and May 2014 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 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2014 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 4 BRIDLE CLOSE be worth now?

4 BRIDLE CLOSE might now be worth an estimated £464,761.

This is based on house price inflation of 63.1%, between May 2014 and February 2025, 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 63.1% inflationary increase is applied to the most recent sale price for 4 BRIDLE CLOSE of £285,000 on 1st May 2014. For the value to have increased from £285,000 to £464,761 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 BRIDLE CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The May 2014 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BRIDLE CLOSE has not materially changed since May 2014.

How Large is 4 BRIDLE CLOSE?

4 BRIDLE CLOSE is 169m² according to the EPC inspection conducted in November 2010. 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 4 BRIDLE CLOSE lies on this distribution: 92% of detached houses houses are smaller than 4 BRIDLE CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 BRIDLE CLOSE: Plot and Title Map

4 BRIDLE CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 4 BRIDLE 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 4 BRIDLE 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 4 BRIDLE CLOSE?

4 BRIDLE CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 4 on BRIDLE CLOSE.