20, CHAPEL LANE, WYMONDHAM, MELTON MOWBRAY, LE14 2AA - £450,000

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

20 CHAPEL LANE is a large extended detached house of 184m², built sometime between 1967 and 1975. It was last sold for £450,000 in February 2015, which was around 77% above the average February 2015 detached price in the Melton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

20 CHAPEL LANE Sold Prices

Land registry data shows two sales for 20 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 20 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
2015 27 FEB	£450,000	£253,953	77% above HPI
1996 5 JUL	£165,000	£83,334	98% above HPI

20 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 20 CHAPEL LANE sales from July 1996 and February 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 July 1996 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the February 2015 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

How Large is 20 CHAPEL LANE?

20 CHAPEL LANE is 184m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 40% of detached houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses by size in Wymondham, and where 20 CHAPEL LANE lies on this distribution: 61% of detached houses are smaller than 20 CHAPEL LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

20 CHAPEL LANE: Plot and Title Map

20 CHAPEL LANE sits on a plot of roughly 0.483 of an acre, or 1,953m². The below map shows the location of 20 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 20 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 20 CHAPEL LANE?

20 CHAPEL LANE is located in WYMONDHAM, in the LE14 postcode district. The below map shows the position of No. 20 on CHAPEL LANE.