9, CAVALRY CLOSE, MELTON MOWBRAY, LE13 0SZ - £288,000

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

9 CAVALRY CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £288,000 in July 2022, which was around 21% below the average July 2022 detached price in the Melton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

9 CAVALRY CLOSE Sold Prices

Land registry data shows four sales for 9 CAVALRY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 9 CAVALRY 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
2022 29 JUL	£288,000	£362,598	21% below HPI
2013 22 JUL	£185,000	£223,010	17% below HPI
2005 8 APR	£184,000	£210,177	12% below HPI
2002 27 SEP	£115,995	£161,695	28% below HPI

9 CAVALRY 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 four 9 CAVALRY CLOSE sales between September 2002 and July 2022 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 July 2013 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 9 CAVALRY CLOSE?

9 CAVALRY CLOSE is 82m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 9 CAVALRY CLOSE lies on this distribution: 17% of detached houses are smaller than 9 CAVALRY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 CAVALRY CLOSE: Plot and Title Map

9 CAVALRY CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 9 CAVALRY 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 9 CAVALRY 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 9 CAVALRY CLOSE?

9 CAVALRY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 9 on CAVALRY CLOSE.