9, HILARY CLOSE, MELTON MOWBRAY, LE13 1PU - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 HILARY CLOSE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £395,786. It was last sold for £235,000 in March 2012, which was around 1% below the average March 2012 detached price in the Melton local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

9 HILARY CLOSE Sold Prices

Land registry data shows four sales for 9 HILARY 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. Most of the four 9 HILARY CLOSE sales were for above 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 23 MAR	£235,000	£237,248	1% below HPI
2000 10 MAR	£117,500	£111,363	6% above HPI
1999 30 APR	£111,000	£96,585	15% above HPI
1997 29 JUL	£100,000	£89,200	12% above HPI

9 HILARY 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 HILARY CLOSE sales between July 1997 and March 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 March 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2012 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 9 HILARY CLOSE be worth now?

9 HILARY CLOSE might now be worth an estimated £395,786.

This is based on house price inflation of 68.4%, between March 2012 and February 2025, 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 68.4% inflationary increase is applied to the most recent sale price for 9 HILARY CLOSE of £235,000 on 23rd March 2012. For the value to have increased from £235,000 to £395,786 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 9 HILARY CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2012 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 9 HILARY CLOSE has not materially changed since March 2012.

How Large is 9 HILARY CLOSE?

9 HILARY CLOSE is 132m² according to the EPC inspection conducted in July 2011. This puts it in the largest 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 9 HILARY CLOSE lies on this distribution: 74% of detached houses houses are smaller than 9 HILARY CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 HILARY CLOSE: Plot and Title Map

9 HILARY CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 9 HILARY 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 HILARY 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 HILARY CLOSE?

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