46, ROSSITER CLOSE, MELTON MOWBRAY, LE13 0NZ - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

46 ROSSITER CLOSE is a midsized extended detached house of 100m², built sometime between 2007 and 2011. It was last sold for £300,000 in October 2022, which was around 24% below the average October 2022 detached price in the Melton local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

46 ROSSITER CLOSE Sold Prices

Land registry data shows two sales for 46 ROSSITER 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 46 ROSSITER 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 28 OCT	£300,000	£393,520	24% below HPI
2011 28 APR	£199,750	£237,163	16% below HPI

46 ROSSITER 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 46 ROSSITER CLOSE sales from April 2011 and October 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 April 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 46 ROSSITER CLOSE be worth now?

46 ROSSITER CLOSE might now be worth an estimated £303,516.

This is based on house price inflation of 1.2%, between October 2022 and December 2024, 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 1.2% inflationary increase is applied to the most recent sale price for 46 ROSSITER CLOSE of £300,000 on 28th October 2022. For the value to have increased from £300,000 to £303,516 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 46 ROSSITER CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The October 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 46 ROSSITER CLOSE has not materially changed since October 2022.

How Large is 46 ROSSITER CLOSE?

46 ROSSITER CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% 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 46 ROSSITER CLOSE lies on this distribution: 41% of detached houses houses are smaller than 46 ROSSITER CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

46 ROSSITER CLOSE: Plot and Title Map

46 ROSSITER CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 46 ROSSITER 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 46 ROSSITER 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 46 ROSSITER CLOSE?

46 ROSSITER CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 46 on ROSSITER CLOSE.