1, GARDEN LANE, MELTON MOWBRAY, LE13 0SJ - £162,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 GARDEN LANE is a very small detached house of 55m², built sometime between 2007 and 2011, which could now be worth an estimated £296,606. It was last sold for £162,750 in July 2009, which was around 26% below the average July 2009 detached price in the Melton local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was A.

1 GARDEN LANE Sold Prices

Land registry data shows two sales for 1 GARDEN LANE 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 1 GARDEN 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
2009 6 JUL	£162,750	£219,248	26% below HPI
2007 28 NOV	£140,000	£263,415	47% below HPI

1 GARDEN 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 two 1 GARDEN LANE sales from November 2007 and July 2009 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 2007 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 GARDEN LANE be worth now?

1 GARDEN LANE might now be worth an estimated £296,606.

This is based on house price inflation of 82.2%, between July 2009 and February 2025, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 82.2% inflationary increase is applied to the most recent sale price for 1 GARDEN LANE of £162,750 on 6th July 2009. For the value to have increased from £162,750 to £296,606 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 1 GARDEN LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2009 sale price of £162,750 represented a fair market value for the property.
• The size, condition, and specification of 1 GARDEN LANE has not materially changed since July 2009.

How Large is 1 GARDEN LANE?

1 GARDEN LANE is 55m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 1 GARDEN LANE lies on this distribution: 1% of detached houses houses are smaller than 1 GARDEN LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

1 GARDEN LANE: Plot and Title Map

1 GARDEN LANE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 1 GARDEN 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 GARDEN 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 GARDEN LANE?

1 GARDEN LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 1 on GARDEN LANE.