16, CHAPEL LANE, HOSE, MELTON MOWBRAY, LE14 4JG - £515,000

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

16 CHAPEL LANE is a large extended detached house of 156m², built sometime between 2003 and 2006. It was last sold for £515,000 in August 2020, which was around 57% above the average August 2020 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

16 CHAPEL LANE Sold Prices

Land registry data shows two sales for 16 CHAPEL 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 16 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
2020 27 AUG	£515,000	£328,078	57% above HPI
2003 7 NOV	£229,950	£198,176	16% above HPI

16 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 two 16 CHAPEL LANE sales from November 2003 and August 2020 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 November 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2020 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 16 CHAPEL LANE?

16 CHAPEL LANE is 156m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% of detached houses in Hose, based on EPC data. The below chart shows the distribution of detached houses by size in Hose, and where 16 CHAPEL LANE lies on this distribution: 72% of detached houses are smaller than 16 CHAPEL LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Hose.

16 CHAPEL LANE: Plot and Title Map

16 CHAPEL LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 16 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 16 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 16 CHAPEL LANE?

16 CHAPEL LANE is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 16 on CHAPEL LANE.