9, SOUTHWELL CLOSE, MELTON MOWBRAY, LE13 0PY - £165,000

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 SOUTHWELL CLOSE is a very small semi-detached house of 50m², built sometime between 2003 and 2006, which could now be worth an estimated £218,072. It was last sold for £165,000 in June 2017, which was around 11% below the average June 2017 semi-detached price in the Melton local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

9 SOUTHWELL CLOSE Sold Prices

Land registry data shows three sales for 9 SOUTHWELL 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. All of the three 9 SOUTHWELL 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
2017 29 JUN	£165,000	£185,318	11% below HPI
2007 16 NOV	£157,950	£162,873	3% below HPI
2006 26 MAY	£132,450	£146,562	10% below HPI

9 SOUTHWELL 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 SOUTHWELL CLOSE sales between May 2006 and June 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 November 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 SOUTHWELL CLOSE be worth now?

9 SOUTHWELL CLOSE might now be worth an estimated £218,072.

This is based on house price inflation of 32.2%, between June 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 32.2% inflationary increase is applied to the most recent sale price for 9 SOUTHWELL CLOSE of £165,000 on 29th June 2017. For the value to have increased from £165,000 to £218,072 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 9 SOUTHWELL CLOSE has moved in line with the HPI for semi-detached houses in the Melton local authority area.
• The June 2017 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SOUTHWELL CLOSE has not materially changed since June 2017.

How Large is 9 SOUTHWELL CLOSE?

9 SOUTHWELL CLOSE is 50m² according to the EPC inspection conducted in July 2015. 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 SOUTHWELL CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 9 SOUTHWELL CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 SOUTHWELL CLOSE: Plot and Title Map

9 SOUTHWELL CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 9 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL CLOSE?

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