9, MEADOWSWEET CLOSE, MELTON MOWBRAY, LE13 0FT - £172,500

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 MEADOWSWEET CLOSE is a very small semi-detached house of 65m², built sometime between 2003 and 2006. It was last sold for £172,500 in September 2017, which was around 9% below the average September 2017 semi-detached price in the Melton local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

9 MEADOWSWEET CLOSE Sold Prices

Land registry data shows three sales for 9 MEADOWSWEET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Melton local authority area for the corresponding sale date. Two of the three 9 MEADOWSWEET CLOSE sales were for below the average price, whilst one was 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
2017 19 SEP	£172,500	£188,990	9% below HPI
2015 27 MAY	£158,000	£160,569	2% below HPI
2008 13 JUN	£157,000	£153,671	2% above HPI

9 MEADOWSWEET CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Melton local authority area over time, sourced from the HPI. The three 9 MEADOWSWEET CLOSE sales between June 2008 and September 2017 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 May 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 MEADOWSWEET CLOSE be worth now?

9 MEADOWSWEET CLOSE might now be worth an estimated £223,554.

This is based on house price inflation of 29.6%, between September 2017 and December 2024, for semi-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 29.6% inflationary increase is applied to the most recent sale price for 9 MEADOWSWEET CLOSE of £172,500 on 19th September 2017. For the value to have increased from £172,500 to £223,554 over the six years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 MEADOWSWEET CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The September 2017 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MEADOWSWEET CLOSE has not materially changed since September 2017.

How Large is 9 MEADOWSWEET CLOSE?

9 MEADOWSWEET CLOSE is 65m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of semi-detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Melton Mowbray, and where 9 MEADOWSWEET CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 9 MEADOWSWEET CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 MEADOWSWEET CLOSE: Plot and Title Map

9 MEADOWSWEET CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 9 MEADOWSWEET 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 MEADOWSWEET 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 MEADOWSWEET CLOSE?

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