21, SANDY LANE, MELTON MOWBRAY, LE13 0AN - £465,000

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

21 SANDY LANE is a large extended detached house of 136m², built sometime between 1950 and 1966. It was last sold for £465,000 in May 2022, which was around 34% above the average May 2022 detached price in the Melton local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

21 SANDY LANE Sold Prices

Land registry data shows two sales for 21 SANDY 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 21 SANDY 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
2022 20 MAY	£465,000	£347,990	34% above HPI
1999 6 OCT	£112,500	£102,786	9% above HPI

21 SANDY 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 21 SANDY LANE sales from October 1999 and May 2022 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 October 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 21 SANDY LANE?

21 SANDY LANE is 136m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 30% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 21 SANDY LANE lies on this distribution: 77% of detached houses are smaller than 21 SANDY LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

21 SANDY LANE: Plot and Title Map

21 SANDY LANE sits on a plot of roughly 0.220 of an acre, or 891m². The below map shows the location of 21 SANDY 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 SANDY 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 SANDY LANE?

21 SANDY LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 21 on SANDY LANE.