13, PUMP LANE, ASFORDBY, MELTON MOWBRAY, LE14 3SH - £310,000

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.

13 PUMP LANE is a large extended detached house of 127m², built sometime before 1900, which could now be worth an estimated £468,300. It was last sold for £310,000 in August 2014, which was around 17% above the average August 2014 detached price in the Melton local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

13 PUMP LANE Sold Prices

Land registry data shows three sales for 13 PUMP 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. Two of the three 13 PUMP LANE sales were for above the average price, whilst one 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
2014 22 AUG	£310,000	£264,504	17% above HPI
2010 30 APR	£290,000	£239,311	21% above HPI
2000 27 MAR	£61,500	£111,363	45% below HPI

13 PUMP 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 13 PUMP LANE sales between March 2000 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 April 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2014 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 13 PUMP LANE be worth now?

13 PUMP LANE might now be worth an estimated £468,300.

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 13 PUMP LANE of £310,000 on 22nd August 2014. For the value to have increased from £310,000 to £468,300 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 13 PUMP LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2014 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 13 PUMP LANE has not materially changed since August 2014.

How Large is 13 PUMP LANE?

13 PUMP LANE is 127m², which includes two extensions, according to the EPC inspection conducted in January 2009. This puts it in the largest 30% of detached houses houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Asfordby, and where 13 PUMP LANE lies on this distribution: 73% of detached houses houses are smaller than 13 PUMP LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

13 PUMP LANE: Plot and Title Map

13 PUMP LANE sits on a plot of roughly 0.126 of an acre, or 509m². The below map shows the location of 13 PUMP 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 13 PUMP 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 13 PUMP LANE?

13 PUMP LANE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 13 on PUMP LANE.