18, HOME PASTURES, HOSE, MELTON MOWBRAY, LE14 4JB - £280,000

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.

18 HOME PASTURES is a midsized extended detached house of 134m², built sometime between 1991 and 1995, which could now be worth an estimated £427,863. It was last sold for £280,000 in March 2015, which was around 7% above the average March 2015 detached price in the Melton local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

18 HOME PASTURES Sold Prices

Land registry data shows two sales for 18 HOME PASTURES 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 18 HOME PASTURES 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
2015 5 MAR	£280,000	£261,486	7% above HPI
1997 5 SEP	£93,500	£89,475	4% above HPI

18 HOME PASTURES 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 18 HOME PASTURES sales from September 1997 and March 2015 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 September 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2015 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 18 HOME PASTURES be worth now?

18 HOME PASTURES might now be worth an estimated £427,863.

This is based on house price inflation of 52.8%, between March 2015 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 52.8% inflationary increase is applied to the most recent sale price for 18 HOME PASTURES of £280,000 on 5th March 2015. For the value to have increased from £280,000 to £427,863 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 18 HOME PASTURES has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2015 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOME PASTURES has not materially changed since March 2015.

How Large is 18 HOME PASTURES?

18 HOME PASTURES is 134m², which includes three extensions, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Hose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hose, and where 18 HOME PASTURES lies on this distribution: 58% of detached houses houses are smaller than 18 HOME PASTURES, and 42% of houses are larger. Note that EPC data is not available for all properties in Hose.

18 HOME PASTURES: Plot and Title Map

18 HOME PASTURES sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 18 HOME PASTURES, 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 18 HOME PASTURES). 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 18 HOME PASTURES?

18 HOME PASTURES is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 18 on HOME PASTURES.