3, DICKMANS LANE, HARBY, MELTON MOWBRAY, LE14 4BG - £400,000

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.

3 DICKMANS LANE is a midsized extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £487,570. It was last sold for £400,000 in August 2019, which was around 22% above the average August 2019 detached price in the Melton local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was A.

3 DICKMANS LANE Sold Prices

Land registry data shows two sales for 3 DICKMANS 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. One of the two 3 DICKMANS LANE sales was for above the average price, whilst the other was 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
2019 30 AUG	£400,000	£327,807	22% above HPI
2016 26 FEB	£255,000	£277,417	8% below HPI

3 DICKMANS 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 3 DICKMANS LANE sales from February 2016 and August 2019 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 February 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 3 DICKMANS LANE be worth now?

3 DICKMANS LANE might now be worth an estimated £487,570.

This is based on house price inflation of 21.9%, between August 2019 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 21.9% inflationary increase is applied to the most recent sale price for 3 DICKMANS LANE of £400,000 on 30th August 2019. For the value to have increased from £400,000 to £487,570 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 3 DICKMANS LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2019 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DICKMANS LANE has not materially changed since August 2019.

How Large is 3 DICKMANS LANE?

3 DICKMANS LANE is 141m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses houses in Harby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harby, and where 3 DICKMANS LANE lies on this distribution: 58% of detached houses houses are smaller than 3 DICKMANS LANE, and 41% of houses are larger. Note that EPC data is not available for all properties in Harby.

3 DICKMANS LANE: Plot and Title Map

3 DICKMANS LANE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 3 DICKMANS 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 DICKMANS 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 DICKMANS LANE?

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