5, ADCOCK CLOSE, MELTON MOWBRAY, LE13 1UU - £375,000

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

5 ADCOCK CLOSE is a very large extended detached house of 142m², built sometime between 1991 and 1995, which could now be worth an estimated £488,325. It was last sold for £375,000 in February 2017, which was around 23% above the average February 2017 detached price in the Melton local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

5 ADCOCK CLOSE Sold Prices

Land registry data shows two sales for 5 ADCOCK 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 5 ADCOCK 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
2017 24 FEB	£375,000	£305,738	23% above HPI
2007 10 AUG	£330,000	£273,638	21% above HPI

5 ADCOCK 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 5 ADCOCK CLOSE sales from August 2007 and February 2017 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 August 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 5 ADCOCK CLOSE be worth now?

5 ADCOCK CLOSE might now be worth an estimated £488,325.

This is based on house price inflation of 30.2%, between February 2017 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 30.2% inflationary increase is applied to the most recent sale price for 5 ADCOCK CLOSE of £375,000 on 24th February 2017. For the value to have increased from £375,000 to £488,325 over the six years and two months to December 2024, the following assumptions must hold true:

• The value of 5 ADCOCK CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ADCOCK CLOSE has not materially changed since February 2017.

How Large is 5 ADCOCK CLOSE?

5 ADCOCK CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 20% 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 5 ADCOCK CLOSE lies on this distribution: 81% of detached houses houses are smaller than 5 ADCOCK CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 ADCOCK CLOSE: Plot and Title Map

5 ADCOCK CLOSE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 5 ADCOCK 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 5 ADCOCK 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 5 ADCOCK CLOSE?

5 ADCOCK CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 5 on ADCOCK CLOSE.