49, ROSSITER CLOSE, MELTON MOWBRAY, LE13 0NZ - £233,000

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.

49 ROSSITER CLOSE is a large detached house of 124m², which could now be worth an estimated £349,919. It was last sold for £233,000 in January 2015, which was around 12% below the average January 2015 detached price in the Melton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

49 ROSSITER CLOSE Sold Prices

Land registry data shows two sales for 49 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 49 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
2015 23 JAN	£233,000	£266,062	12% below HPI
2011 29 SEP	£234,750	£245,521	4% below HPI

49 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 49 ROSSITER CLOSE sales from September 2011 and January 2015 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 49 ROSSITER CLOSE be worth now?

49 ROSSITER CLOSE might now be worth an estimated £349,919.

This is based on house price inflation of 50.2%, between January 2015 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 50.2% inflationary increase is applied to the most recent sale price for 49 ROSSITER CLOSE of £233,000 on 23rd January 2015. For the value to have increased from £233,000 to £349,919 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 49 ROSSITER CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2015 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of 49 ROSSITER CLOSE has not materially changed since January 2015.

How Large is 49 ROSSITER CLOSE?

49 ROSSITER CLOSE is 124m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% 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 49 ROSSITER CLOSE lies on this distribution: 68% of detached houses houses are smaller than 49 ROSSITER CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

49 ROSSITER CLOSE: Plot and Title Map

49 ROSSITER CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 49 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 49 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 49 ROSSITER CLOSE?

49 ROSSITER CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 49 on ROSSITER CLOSE.