21, DAIRY LANE, HOSE, MELTON MOWBRAY, LE14 4JW - £160,000

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.

21 DAIRY LANE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £301,410. It was last sold for £160,000 in April 2004, which was around 25% below the average April 2004 detached price in the Melton local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

21 DAIRY LANE Sold Prices

Land registry data shows three sales for 21 DAIRY 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. All of the three 21 DAIRY LANE sales were 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
2004 26 APR	£160,000	£212,108	25% below HPI
1999 23 APR	£70,000	£96,585	28% below HPI
1995 8 DEC	£67,950	£79,961	15% below HPI

21 DAIRY 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 21 DAIRY LANE sales between December 1995 and April 2004 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 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2004 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 21 DAIRY LANE be worth now?

21 DAIRY LANE might now be worth an estimated £301,410.

This is based on house price inflation of 88.4%, between April 2004 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 88.4% inflationary increase is applied to the most recent sale price for 21 DAIRY LANE of £160,000 on 26th April 2004. For the value to have increased from £160,000 to £301,410 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 21 DAIRY LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2004 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 21 DAIRY LANE has not materially changed since April 2004.

How Large is 21 DAIRY LANE?

21 DAIRY LANE is 68m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% 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 21 DAIRY LANE lies on this distribution: 7% of detached houses houses are smaller than 21 DAIRY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hose.

21 DAIRY LANE: Plot and Title Map

21 DAIRY LANE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 21 DAIRY 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 21 DAIRY 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 21 DAIRY LANE?

21 DAIRY LANE is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 21 on DAIRY LANE.