111A, SANDY LANE, MELTON MOWBRAY, LE13 0AW - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

111A SANDY LANE is a very large extended detached house of 173m², built sometime between 1967 and 1975. It was last sold for £405,000 in January 2021, which was around 15% above the average January 2021 detached price in the Melton local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

111A SANDY LANE Sold Prices

Land registry data shows two sales for 111A SANDY 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 111A SANDY LANE 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
2021 12 JAN	£405,000	£350,771	15% above HPI
2001 22 MAY	£140,000	£130,690	7% above HPI

111A SANDY 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 111A SANDY LANE sales from May 2001 and January 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 May 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 111A SANDY LANE be worth now?

111A SANDY LANE might now be worth an estimated £459,683.

This is based on house price inflation of 13.5%, between January 2021 and December 2024, 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 13.5% inflationary increase is applied to the most recent sale price for 111A SANDY LANE of £405,000 on 12th January 2021. For the value to have increased from £405,000 to £459,683 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 111A SANDY LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The January 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 111A SANDY LANE has not materially changed since January 2021.

How Large is 111A SANDY LANE?

111A SANDY LANE is 173m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 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 111A SANDY LANE lies on this distribution: 93% of detached houses houses are smaller than 111A SANDY LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

111A SANDY LANE: Plot and Title Map

111A SANDY LANE sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 111A SANDY 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 111A SANDY 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 111A SANDY LANE?

111A SANDY LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 111A on SANDY LANE.