7, ROSSITER CLOSE, MELTON MOWBRAY, LE13 0NZ - £278,000

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

7 ROSSITER CLOSE is a small detached house of 88m². It was last sold for £278,000 in December 2021, which was around 23% below the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

7 ROSSITER CLOSE Sold Prices

Land registry data shows three sales for 7 ROSSITER 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 ROSSITER 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
2021 13 DEC	£278,000	£363,099	23% below HPI
2015 16 OCT	£208,000	£278,901	25% below HPI
2012 19 JUL	£199,750	£245,215	19% below HPI

7 ROSSITER 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 ROSSITER CLOSE sales between July 2012 and December 2021 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 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 7 ROSSITER CLOSE be worth now?

7 ROSSITER CLOSE might now be worth an estimated £304,822.

This is based on house price inflation of 9.6%, between December 2021 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 9.6% inflationary increase is applied to the most recent sale price for 7 ROSSITER CLOSE of £278,000 on 13th December 2021. For the value to have increased from £278,000 to £304,822 over the three years to December 2024, the following assumptions must hold true:

• The value of 7 ROSSITER CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The December 2021 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROSSITER CLOSE has not materially changed since December 2021.

How Large is 7 ROSSITER CLOSE?

7 ROSSITER CLOSE is 88m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% 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 ROSSITER CLOSE lies on this distribution: 27% of detached houses houses are smaller than 7 ROSSITER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 ROSSITER CLOSE: Plot and Title Map

7 ROSSITER CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 7 ROSSITER 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 ROSSITER 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 ROSSITER CLOSE?

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