4, DURHAM CLOSE, MELTON MOWBRAY, LE13 0RJ - £293,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 DURHAM CLOSE is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £293,000 in February 2018, which was around 3% below the average February 2018 detached price in the Melton local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

4 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 4 DURHAM 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. Two of the three 4 DURHAM CLOSE sales were for below the average price, whilst one was 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
2018 23 FEB	£293,000	£302,652	3% below HPI
2017 28 FEB	£287,500	£294,770	2% below HPI
2006 30 JUN	£249,950	£230,352	9% above HPI

4 DURHAM 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 DURHAM CLOSE sales between June 2006 and February 2018 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 February 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 DURHAM CLOSE?

4 DURHAM CLOSE is 108m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% 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 4 DURHAM CLOSE lies on this distribution: 49% of detached houses are smaller than 4 DURHAM CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

4 DURHAM CLOSE: Plot and Title Map

4 DURHAM CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 4 DURHAM 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 DURHAM 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 DURHAM CLOSE?

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