4, The Paddock
4, The Paddock
Description & Estimates
According to the public record, 4, The Paddock, Melton Mowbray is a modern freehold house with 1,097 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, The Paddock, Melton Mowbray is £314,755 and the estimated rental value is £1,268 per month.
The Paddock, Pickwell, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
Our Data Sources
4, The Paddock, Melton Mowbray has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4, The Paddock, Melton Mowbray is in very good condition we estimate a sale value of £330,492 and a rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,722 and a rental value of £1,179 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, The Paddock, Melton Mowbray has decreased by £8,840 (2.8%), while its estimated rental value has grown by £12 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 4, The Paddock, Melton Mowbray sits on a plot of 223 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 4, The Paddock, Melton Mowbray sits on the 4th largest plot.
Energy Efficiency
4, The Paddock, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 4, The Paddock, Melton Mowbray was last sold on 23rd October 2020 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has risen by 18.2%.
- Sold Oct 2020£260,000
- Sold Aug 2018£260,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, The Paddock, Melton Mowbray within a radius of 5.7 kilometres over the last 2 years.
The most recent example is 1, Leesthorpe Road, Melton Mowbray, LE14 2RA, a freehold house which sold for £295,000 on the 3rd January 2024.
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
The Paddock, Pickwell, Melton Mowbray, LE14 has a total of 6 addresses. According to our analysis of all the public data, 4, The Paddock, Melton Mowbray is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LE14.
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Schools Nearby
- 1.2kmSomerby Primary School
- 5.3kmGreat Dalby School
- 5.3kmWhissendine Church of England Primary School
- 7.3kmCatmose College
- 8.3kmLong Field Spencer Academy
- 10.0kmJohn Ferneley College
More reading links
Public Transport Nearby
The closest station to 4, The Paddock, Melton Mowbray is Oakham station, which is 7.6 kilometres away.
- 7.6kmOakham
- 7.9kmMelton Mowbray
- 16.3kmSyston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
