1, DAIRY LANE, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3EU - £335,000

1 DAIRY LANE is a very small extended detached house of 93m², built sometime before 1900. It was last sold for £335,000 in September 2021, which was around 1% below the average September 2021 detached price in the Melton local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

1 DAIRY LANE Sold Prices

Land registry data shows three sales for 1 DAIRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 1 DAIRY LANE 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
2021 2 SEP	£335,000	£339,383	1% below HPI
2006 8 NOV	£226,000	£232,714	3% below HPI
2002 28 JUN	£107,501	£153,574	30% below HPI

1 DAIRY LANE 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 three 1 DAIRY LANE sales between June 2002 and September 2021 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 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 1 DAIRY LANE?

1 DAIRY LANE is 93m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Broughton, and where 1 DAIRY LANE lies on this distribution: 18% of detached houses are smaller than 1 DAIRY LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

1 DAIRY LANE: Plot and Title Map

1 DAIRY LANE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 1 DAIRY LANE, 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 1 DAIRY LANE). 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 1 DAIRY LANE?

1 DAIRY LANE is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 1 on DAIRY LANE.