16, Hedgerow Close
16, Hedgerow Close
Description & Estimates
16, Hedgerow Close, Melton Mowbray is described in the public record as a modern house with 839 ft2 of internal area, sitting on a 216 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Hedgerow Close, Melton Mowbray is £243,450 and its rental estimate is £1,198 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
16, Hedgerow Close, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data 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 16, Hedgerow Close, Melton Mowbray, we estimate a market value of £255,622 and a rental value of £1,258 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,408 and £1,114 per month respectively.
Recent Market Change
Over the last year, 16, Hedgerow Close, Melton Mowbray has seen its estimated sale value fall by £6,837 (2.8%) and its estimated rental value move up by £11 per month (0.9%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 16, Hedgerow Close, Melton Mowbray as measuring 216 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 17 other houses have recorded plot data.
Energy Efficiency
16, Hedgerow Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, 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 5th July 2024, was 12, Hedgerow Close, Melton Mowbray, LE14 3JS, a freehold house which sold for £157,850.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Hedgerow Close, Old Dalby, Melton Mowbray, LE14, 16, Hedgerow Close, Melton Mowbray comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the LE14 district.
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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 16, 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.
