2, WRIGHTS LANE, WYMONDHAM, MELTON MOWBRAY, LE14 2BA - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 WRIGHTS LANE is a very large extended detached house of 353m², built sometime between 1950 and 1966, which could now be worth an estimated £559,445. It was last sold for £345,000 in September 2011, which was around 41% above the average September 2011 detached price in the Melton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

2 WRIGHTS LANE Sold Prices

Land registry data shows two sales for 2 WRIGHTS 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 2 WRIGHTS 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
2011 6 SEP	£345,000	£245,521	41% above HPI
1995 29 MAR	£100,000	£76,507	31% above HPI

2 WRIGHTS 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 2 WRIGHTS LANE sales from March 1995 and September 2011 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 March 1995 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2011 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 2 WRIGHTS LANE be worth now?

2 WRIGHTS LANE might now be worth an estimated £559,445.

This is based on house price inflation of 62.2%, between September 2011 and December 2024, 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 62.2% inflationary increase is applied to the most recent sale price for 2 WRIGHTS LANE of £345,000 on 6th September 2011. For the value to have increased from £345,000 to £559,445 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 WRIGHTS LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The September 2011 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WRIGHTS LANE has not materially changed since September 2011.

How Large is 2 WRIGHTS LANE?

2 WRIGHTS LANE is 353m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 2 WRIGHTS LANE lies on this distribution: 97% of detached houses houses are smaller than 2 WRIGHTS LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

2 WRIGHTS LANE: Plot and Title Map

2 WRIGHTS LANE sits on a plot of roughly 0.517 of an acre, or 2,091m². The below map shows the location of 2 WRIGHTS 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 2 WRIGHTS 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 2 WRIGHTS LANE?

2 WRIGHTS LANE is located in WYMONDHAM, in the LE14 postcode district. The below map shows the position of No. 2 on WRIGHTS LANE.