9, COTSWOLD CLOSE, MELTON MOWBRAY, LE13 0JT - £281,500

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

9 COTSWOLD CLOSE is a midsized detached house of 108m², built sometime between 1996 and 2002. It was last sold for £281,500 in June 2015, which was around 4% above the average June 2015 detached price in the Melton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

9 COTSWOLD CLOSE Sold Prices

Land registry data shows two sales for 9 COTSWOLD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. One of the two 9 COTSWOLD CLOSE sales was for above the average price, whilst the other was 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
2015 4 JUN	£281,500	£271,955	4% above HPI
2005 28 FEB	£180,000	£211,806	15% below HPI

9 COTSWOLD 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 two 9 COTSWOLD CLOSE sales from February 2005 and June 2015 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 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 9 COTSWOLD CLOSE be worth now?

9 COTSWOLD CLOSE might now be worth an estimated £412,106.

This is based on house price inflation of 46.4%, between June 2015 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 46.4% inflationary increase is applied to the most recent sale price for 9 COTSWOLD CLOSE of £281,500 on 4th June 2015. For the value to have increased from £281,500 to £412,106 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 9 COTSWOLD CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2015 sale price of £281,500 represented a fair market value for the property.
• The size, condition, and specification of 9 COTSWOLD CLOSE has not materially changed since June 2015.

How Large is 9 COTSWOLD CLOSE?

9 COTSWOLD CLOSE is 108m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 9 COTSWOLD CLOSE lies on this distribution: 50% of detached houses houses are smaller than 9 COTSWOLD CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 COTSWOLD CLOSE: Plot and Title Map

9 COTSWOLD CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 9 COTSWOLD 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 COTSWOLD 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 COTSWOLD CLOSE?

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