3, BURDEN LANE, HARBY, MELTON MOWBRAY, LE14 4BB - £360,000

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

3 BURDEN LANE is a small detached house of 114m², built sometime between 1950 and 1966. It was last sold for £360,000 in October 2020, which was around 7% above the average October 2020 detached price in the Melton local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was D.

3 BURDEN LANE Sold Prices

Land registry data shows three sales for 3 BURDEN 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 3 BURDEN 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
2020 23 OCT	£360,000	£337,558	7% above HPI
2008 8 APR	£345,000	£240,313	44% above HPI
2007 8 MAY	£250,000	£240,049	4% above HPI

3 BURDEN 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 3 BURDEN LANE sales between May 2007 and October 2020 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 2008 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 3 BURDEN LANE?

3 BURDEN LANE is 114m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 40% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 3 BURDEN LANE lies on this distribution: 34% of detached houses are smaller than 3 BURDEN LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Harby.

3 BURDEN LANE: Plot and Title Map

3 BURDEN LANE sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 3 BURDEN 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 3 BURDEN 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 3 BURDEN LANE?

3 BURDEN LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 3 on BURDEN LANE.