31, CHURCH LANE, STATHERN, MELTON MOWBRAY, LE14 4HB - £1,500,000

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

31 CHURCH LANE is a very large extended detached house of 291m², built sometime before 1900. It was last sold for £1,500,000 in December 2021, which was around 328% above the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

31 CHURCH LANE Sold Prices

Land registry data shows four sales for 31 CHURCH LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the four 31 CHURCH 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
2021 8 DEC	£1,500,000	£350,074	328% above HPI
2010 22 JAN	£750,000	£219,929	241% above HPI
2006 19 OCT	£810,000	£225,959	258% above HPI
2002 16 SEP	£400,000	£161,695	147% above HPI

31 CHURCH 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 four 31 CHURCH LANE sales between September 2002 and December 2021 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 January 2010 sale was for 241% above the HPI. So the extrapolation line tracks at 241% above the HPI over time, until the December 2021 sale, where it rises to 328% above the HPI. The line then continues to track at 328% above the HPI.

How Large is 31 CHURCH LANE?

31 CHURCH LANE is 291m², which includes three extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses by size in Stathern, and where 31 CHURCH LANE lies on this distribution: 96% of detached houses are smaller than 31 CHURCH LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Stathern.

31 CHURCH LANE: Plot and Title Map

31 CHURCH LANE sits on a plot of roughly 1.9 acres, or 7,518m². The below map shows the location of 31 CHURCH 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 31 CHURCH 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 31 CHURCH LANE?

31 CHURCH LANE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 31 on CHURCH LANE.