7, HILARY CLOSE, MELTON MOWBRAY, LE13 1PU - £320,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HILARY CLOSE is a very large detached house of 152m², built sometime between 1996 and 2002. It was last sold for £320,000 in July 2016, which was around 14% above the average July 2016 detached price in the Melton local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

7 HILARY CLOSE Sold Prices

Land registry data shows three sales for 7 HILARY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 7 HILARY 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
2016 28 JUL	£320,000	£280,183	14% above HPI
2000 11 SEP	£175,000	£116,741	50% above HPI
1997 18 DEC	£133,500	£94,531	41% above HPI

7 HILARY 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 three 7 HILARY CLOSE sales between December 1997 and July 2016 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 2000 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2016 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 7 HILARY CLOSE?

7 HILARY CLOSE is 152m² according to the EPC inspection conducted in May 2016. This puts it in the largest 20% 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 7 HILARY CLOSE lies on this distribution: 85% of detached houses are smaller than 7 HILARY CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 HILARY CLOSE: Plot and Title Map

7 HILARY CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 7 HILARY 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 7 HILARY 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 7 HILARY CLOSE?

7 HILARY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 7 on HILARY CLOSE.