6, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 CAVALRY CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £150,000 in August 2013, which was around 35% below the average August 2013 detached price in the Melton local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

6 CAVALRY CLOSE Sold Prices

Land registry data shows two sales for 6 CAVALRY 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 6 CAVALRY 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
2013 16 AUG	£150,000	£230,870	35% below HPI
2002 31 OCT	£106,995	£165,579	35% below HPI

6 CAVALRY 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 6 CAVALRY CLOSE sales from October 2002 and August 2013 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 October 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2013 sale, which was also at 35% below the HPI.

How Large is 6 CAVALRY CLOSE?

6 CAVALRY CLOSE is 71m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 6 CAVALRY CLOSE lies on this distribution: 8% of detached houses are smaller than 6 CAVALRY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 CAVALRY CLOSE: Plot and Title Map

6 CAVALRY CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 6 CAVALRY 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 6 CAVALRY 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 6 CAVALRY CLOSE?

6 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 6 on CAVALRY CLOSE.