12, CHAPEL LANE, HOSE, MELTON MOWBRAY, LE14 4JG - £525,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHAPEL LANE is a very large extended semi-detached house of 264m², built sometime between 1983 and 1990. It was last sold for £525,000 in April 2019, which was around 68% above the average April 2019 detached price in the Melton local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

12 CHAPEL LANE Sold Prices

Land registry data shows three sales for 12 CHAPEL 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 12 CHAPEL 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
2019 5 APR	£525,000	£312,451	68% above HPI
2012 9 JUL	£425,000	£236,418	80% above HPI
1999 22 OCT	£158,000	£102,786	54% above HPI

12 CHAPEL 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 12 CHAPEL LANE sales between October 1999 and April 2019 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 2012 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the April 2019 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 12 CHAPEL LANE?

12 CHAPEL LANE is 264m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 10% of detached houses in Hose, based on EPC data. The below chart shows the distribution of detached houses by size in Hose, and where 12 CHAPEL LANE lies on this distribution: 96% of detached houses are smaller than 12 CHAPEL LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hose.

12 CHAPEL LANE: Plot and Title Map

12 CHAPEL LANE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 12 CHAPEL 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 12 CHAPEL 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 12 CHAPEL LANE?

12 CHAPEL LANE is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 12 on CHAPEL LANE.