12, SANDY LANE, SCALFORD, MELTON MOWBRAY, LE14 4DS - £385,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 SANDY LANE is a midsized extended detached house of 121m², built sometime before 1900. It was last sold for £385,000 in March 2024, which was around 8% above the average March 2024 detached price in the Melton local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

12 SANDY LANE Sold Prices

Land registry data shows two sales for 12 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. One of the two 12 SANDY LANE sales was for above the average price, whilst the other was 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
2024 1 MAR	£385,000	£356,874	8% above HPI
2020 27 JUL	£265,000	£317,832	17% below HPI

12 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 12 SANDY LANE sales from July 2020 and March 2024 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 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 SANDY LANE?

12 SANDY LANE is 121m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 12 SANDY LANE lies on this distribution: 46% of detached houses are smaller than 12 SANDY LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Scalford.

12 SANDY LANE: Plot and Title Map

12 SANDY LANE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 12 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 12 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 12 SANDY LANE?

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