4, GLENDON CLOSE, ASFORDBY, MELTON MOWBRAY, LE14 3TJ - £221,000

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 GLENDON CLOSE is a small extended detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £254,992. It was last sold for £221,000 in November 2020, which was around 36% below the average November 2020 detached price in the Melton local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

4 GLENDON CLOSE Sold Prices

Land registry data shows two sales for 4 GLENDON 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 4 GLENDON 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
2020 20 NOV	£221,000	£346,306	36% below HPI
2017 15 DEC	£187,500	£303,499	38% below HPI

4 GLENDON 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 4 GLENDON CLOSE sales from December 2017 and November 2020 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 December 2017 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 GLENDON CLOSE be worth now?

4 GLENDON CLOSE might now be worth an estimated £254,992.

This is based on house price inflation of 15.4%, between November 2020 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 15.4% inflationary increase is applied to the most recent sale price for 4 GLENDON CLOSE of £221,000 on 20th November 2020. For the value to have increased from £221,000 to £254,992 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 GLENDON CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2020 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GLENDON CLOSE has not materially changed since November 2020.

How Large is 4 GLENDON CLOSE?

4 GLENDON CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Asfordby, and where 4 GLENDON CLOSE lies on this distribution: 40% of detached houses houses are smaller than 4 GLENDON CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

4 GLENDON CLOSE: Plot and Title Map

4 GLENDON CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 GLENDON 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 GLENDON 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 GLENDON CLOSE?

4 GLENDON CLOSE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 4 on GLENDON CLOSE.