7, POLLARD CLOSE, MELTON MOWBRAY, LE13 1UY - £430,000

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.

7 POLLARD CLOSE is a very large extended detached house of 167m², built sometime between 1991 and 1995, which could now be worth an estimated £546,408. It was last sold for £430,000 in November 2018, which was around 37% above the average November 2018 detached price in the Melton local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

7 POLLARD CLOSE Sold Prices

Land registry data shows three sales for 7 POLLARD 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 POLLARD 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
2018 28 NOV	£430,000	£314,446	37% above HPI
2007 13 JUN	£320,000	£256,182	25% above HPI
1995 26 MAY	£126,950	£80,640	57% above HPI

7 POLLARD 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 POLLARD CLOSE sales between May 1995 and November 2018 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 June 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2018 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 7 POLLARD CLOSE be worth now?

7 POLLARD CLOSE might now be worth an estimated £546,408.

This is based on house price inflation of 27.1%, between November 2018 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 27.1% inflationary increase is applied to the most recent sale price for 7 POLLARD CLOSE of £430,000 on 28th November 2018. For the value to have increased from £430,000 to £546,408 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 POLLARD CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2018 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 7 POLLARD CLOSE has not materially changed since November 2018.

How Large is 7 POLLARD CLOSE?

7 POLLARD CLOSE is 167m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% 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 7 POLLARD CLOSE lies on this distribution: 91% of detached houses houses are smaller than 7 POLLARD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 POLLARD CLOSE: Plot and Title Map

7 POLLARD CLOSE sits on a plot of roughly 0.131 of an acre, or 532m². The below map shows the location of 7 POLLARD 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 POLLARD 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 POLLARD CLOSE?

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