1, NETHER STREET, HARBY, MELTON MOWBRAY, LE14 4BS - £412,500

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 NETHER STREET is a midsized detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £623,142. It was last sold for £412,500 in August 2014, which was around 56% above the average August 2014 detached price in the Melton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

1 NETHER STREET Sold Prices

Land registry data shows two sales for 1 NETHER STREET 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 NETHER STREET sales were for above 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
2014 19 AUG	£412,500	£264,504	56% above HPI
2004 29 JUL	£410,000	£220,858	86% above HPI

1 NETHER STREET 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 NETHER STREET sales from July 2004 and August 2014 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 July 2004 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the August 2014 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 1 NETHER STREET be worth now?

1 NETHER STREET might now be worth an estimated £623,142.

This is based on house price inflation of 51.1%, between August 2014 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 51.1% inflationary increase is applied to the most recent sale price for 1 NETHER STREET of £412,500 on 19th August 2014. For the value to have increased from £412,500 to £623,142 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 NETHER STREET has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2014 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NETHER STREET has not materially changed since August 2014.

How Large is 1 NETHER STREET?

1 NETHER STREET is 122m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where 1 NETHER STREET lies on this distribution: 42% of detached houses houses are smaller than 1 NETHER STREET, and 57% of houses are larger. Note that EPC data is not available for all properties in Harby.

1 NETHER STREET: Plot and Title Map

1 NETHER STREET sits on a plot of roughly 0.578 of an acre, or 2,341m². The below map shows the location of 1 NETHER STREET, 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 NETHER STREET). 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 NETHER STREET?

1 NETHER STREET is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 1 on NETHER STREET.