3, HARBY LANE, STATHERN, MELTON MOWBRAY, LE14 4HJ - £459,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HARBY LANE is a very large detached house of 241m², which could now be worth an estimated £765,200. It was last sold for £459,950 in April 2010, which was around 92% above the average April 2010 detached price in the Melton local authority area. The most recent EPC inspection was April 2010, where the current energy rating was B, and the potential energy rating was B.

3 HARBY LANE Sold Prices

Land registry data shows two sales for 3 HARBY 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 HARBY 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
2010 22 APR	£459,950	£239,311	92% above HPI
2009 6 MAY	£160,000	£211,818	24% below HPI

3 HARBY 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 HARBY LANE sales from May 2009 and April 2010 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 May 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2010 sale, where it rises to 92% above the HPI. The line then continues to track at 92% above the HPI.

What might 3 HARBY LANE be worth now?

3 HARBY LANE might now be worth an estimated £765,200.

This is based on house price inflation of 66.4%, between April 2010 and December 2024, 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 66.4% inflationary increase is applied to the most recent sale price for 3 HARBY LANE of £459,950 on 22nd April 2010. For the value to have increased from £459,950 to £765,200 over the thirteen years and four months to December 2024, the following assumptions must hold true:

• The value of 3 HARBY LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2010 sale price of £459,950 represented a fair market value for the property.
• The size, condition, and specification of 3 HARBY LANE has not materially changed since April 2010.

How Large is 3 HARBY LANE?

3 HARBY LANE is 241m² according to the EPC inspection conducted in April 2010. This puts it in the largest 10% of detached houses houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stathern, and where 3 HARBY LANE lies on this distribution: 91% of detached houses houses are smaller than 3 HARBY LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Stathern.

3 HARBY LANE: Plot and Title Map

3 HARBY LANE sits on a plot of roughly 0.204 of an acre, or 825m². The below map shows the location of 3 HARBY 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 HARBY 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 HARBY LANE?

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