5, CHADWELL CLOSE, MELTON MOWBRAY, LE13 1EH - £130,000

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 CHADWELL CLOSE is a very small extended semi-detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £212,852. It was last sold for £130,000 in May 2014, which was around 13% below the average May 2014 semi-detached price in the Melton local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

5 CHADWELL CLOSE Sold Prices

Land registry data shows two sales for 5 CHADWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Both of the two 5 CHADWELL 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
2014 23 MAY	£130,000	£149,589	13% below HPI
2013 20 SEP	£106,000	£146,204	27% below HPI

5 CHADWELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The two 5 CHADWELL CLOSE sales from September 2013 and May 2014 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 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 CHADWELL CLOSE be worth now?

5 CHADWELL CLOSE might now be worth an estimated £212,852.

This is based on house price inflation of 63.7%, between May 2014 and December 2024, for semi-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 63.7% inflationary increase is applied to the most recent sale price for 5 CHADWELL CLOSE of £130,000 on 23rd May 2014. For the value to have increased from £130,000 to £212,852 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 5 CHADWELL CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The May 2014 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHADWELL CLOSE has not materially changed since May 2014.

How Large is 5 CHADWELL CLOSE?

5 CHADWELL CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 5 CHADWELL CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 5 CHADWELL CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

5 CHADWELL CLOSE: Plot and Title Map

5 CHADWELL CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 5 CHADWELL 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 CHADWELL 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 CHADWELL CLOSE?

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