9, LISTER CLOSE, MELTON MOWBRAY, LE13 1DF - £160,000

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 LISTER CLOSE is a very small detached house of 77m², which could now be worth an estimated £241,703. It was last sold for £160,000 in August 2014, which was around 40% below the average August 2014 detached price in the Melton local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

9 LISTER CLOSE Sold Prices

Land registry data shows three sales for 9 LISTER 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 9 LISTER 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
2014 29 AUG	£160,000	£264,504	40% below HPI
2012 31 OCT	£147,000	£248,570	41% below HPI
2010 25 JUN	£152,237	£236,079	36% below HPI

9 LISTER 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 9 LISTER CLOSE sales between June 2010 and August 2014 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 October 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 9 LISTER CLOSE be worth now?

9 LISTER CLOSE might now be worth an estimated £241,703.

This is based on house price inflation of 51.1%, between August 2014 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 51.1% inflationary increase is applied to the most recent sale price for 9 LISTER CLOSE of £160,000 on 29th August 2014. For the value to have increased from £160,000 to £241,703 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 9 LISTER CLOSE has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LISTER CLOSE has not materially changed since August 2014.

How Large is 9 LISTER CLOSE?

9 LISTER CLOSE is 77m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% 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 LISTER CLOSE lies on this distribution: 12% of detached houses houses are smaller than 9 LISTER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 LISTER CLOSE: Plot and Title Map

9 LISTER CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 9 LISTER 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 LISTER 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 LISTER CLOSE?

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