7, SADDLE CLOSE, MELTON MOWBRAY, LE13 0SX - £190,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

7 SADDLE CLOSE is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £190,000 in August 2012, which was around 20% below the average August 2012 detached price in the Melton local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

7 SADDLE CLOSE Sold Prices

Land registry data shows three sales for 7 SADDLE 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 SADDLE 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
2012 7 AUG	£190,000	£238,252	20% below HPI
2007 14 DEC	£229,950	£247,070	7% below HPI
2003 27 JUN	£165,950	£185,591	11% below HPI

7 SADDLE 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 SADDLE CLOSE sales between June 2003 and August 2012 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 December 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 SADDLE CLOSE?

7 SADDLE CLOSE is 100m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 50% 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 SADDLE CLOSE lies on this distribution: 41% of detached houses are smaller than 7 SADDLE CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 SADDLE CLOSE: Plot and Title Map

7 SADDLE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 7 SADDLE 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 SADDLE 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 SADDLE CLOSE?

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