15, Hedgerow Close
15, Hedgerow Close
Description & Estimates
15, Hedgerow Close, Melton Mowbray is recorded publicly as a modern freehold house across 1,248 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Hedgerow Close, Melton Mowbray is £302,136 and its rental estimate is £1,350 per month, given the available information and assuming reasonable condition.
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
15, Hedgerow Close, Melton Mowbray has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Hedgerow Close, Melton Mowbray, we estimate a market value of £317,243 and a rental value of £1,417 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,986 and £1,255 per month respectively.
Recent Market Change
Over the last year, 15, Hedgerow Close, Melton Mowbray has seen its estimated sale value move down by £8,486 (2.8%) and its estimated rental value increase by £13 per month (0.9%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
15, Hedgerow Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 15, Hedgerow Close, Melton Mowbray completed on 2nd May 2024 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 21.7% over the period since May 2024.
- Sold May 2024£320,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Hedgerow Close, Melton Mowbray have sold within a radius of 5.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 7, Hedgerow Close, Melton Mowbray, LE14 3JS, a freehold house which sold for £325,000.
Read more about house prices in LE14.
- Sold Dec 2024£325,000 | 3 Bed House7, Hedgerow Close, Melton Mowbray, LE14 3JS7, Hedgerow Close, Melton Mowbray, LE14 3JS
- Sold Sep 2024£329,950 | 3 Bed House9, Hedgerow Close, Melton Mowbray, LE14 3JS9, Hedgerow Close, Melton Mowbray, LE14 3JS
- Sold Dec 2023£322,500 | 3 Bed House11, Hedgerow Close, Melton Mowbray, LE14 3JS11, Hedgerow Close, Melton Mowbray, LE14 3JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 17 addresses on Hedgerow Close, Old Dalby, Melton Mowbray, LE14, 15, Hedgerow Close, Melton Mowbray comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the LE14 district.
More reading links
Schools Nearby
- 200mOld Dalby Church of England Primary School
- 4.1kmWilloughby Primary School
- 5.0kmAb Kettleby Primary School
- 8.4kmJohn Ferneley College
- 8.8kmLong Field Spencer Academy
- 9.0kmThe South Wolds Academy & Sixth Form
More reading links
Public Transport Nearby
From 15, Hedgerow Close, Melton Mowbray, the nearest station is Melton Mowbray, 9.6 kilometres away.
- 9.6kmMelton Mowbray
- 11.4kmSileby
- 11.9kmBarrow-upon-Soar
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
