8, WESTMINSTER CLOSE, MELTON MOWBRAY, LE13 0PF - £198,000

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

8 WESTMINSTER CLOSE is a very large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £198,000 in November 2011, which was around 15% below the average November 2011 detached price in the Melton local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

8 WESTMINSTER CLOSE Sold Prices

Land registry data shows five sales for 8 WESTMINSTER CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five 8 WESTMINSTER 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
2011 4 NOV	£198,000	£232,758	15% below HPI
2008 15 FEB	£195,000	£238,832	18% below HPI
2005 24 NOV	£210,000	£227,193	8% below HPI
2002 13 DEC	£155,000	£164,608	6% below HPI
1995 6 MAR	£63,000	£73,763	15% below HPI

8 WESTMINSTER 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 five 8 WESTMINSTER CLOSE sales between March 1995 and November 2011 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 February 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 8 WESTMINSTER CLOSE?

8 WESTMINSTER CLOSE is 149m², which includes two extensions, according to the EPC inspection conducted in August 2010. 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 8 WESTMINSTER CLOSE lies on this distribution: 84% of detached houses are smaller than 8 WESTMINSTER CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

8 WESTMINSTER CLOSE: Plot and Title Map

8 WESTMINSTER CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 8 WESTMINSTER 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 8 WESTMINSTER 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 8 WESTMINSTER CLOSE?

8 WESTMINSTER CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 8 on WESTMINSTER CLOSE.