9, SPINNEY CLOSE, MELTON MOWBRAY, LE13 1SD - £190,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

9 SPINNEY CLOSE is a very small extended detached house of 52m², built sometime between 1950 and 1966. It was last sold for £190,000 in January 2012, which was around 16% below the average January 2012 detached price in the Melton local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

9 SPINNEY CLOSE Sold Prices

Land registry data shows two sales for 9 SPINNEY 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. Both of the two 9 SPINNEY 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
2012 30 JAN	£190,000	£225,705	16% below HPI
1998 18 MAY	£75,000	£92,464	19% below HPI

9 SPINNEY 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 SPINNEY CLOSE sales from May 1998 and January 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 May 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 9 SPINNEY CLOSE?

9 SPINNEY CLOSE is 52m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 9 SPINNEY CLOSE lies on this distribution: 1% of detached houses are smaller than 9 SPINNEY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

9 SPINNEY CLOSE: Plot and Title Map

9 SPINNEY CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 9 SPINNEY 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 SPINNEY 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 SPINNEY CLOSE?

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