5, HARBY LANE, HOSE, MELTON MOWBRAY, LE14 4JR - £931,000

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.

5 HARBY LANE is a very large extended detached house of 223m², built sometime before 1900, which could now be worth an estimated £951,588. It was last sold for £931,000 in November 2023, which was around 138% above the average November 2023 detached price in the Melton local authority area. The most recent EPC inspection was July 2023, where the current energy rating was E, and the potential energy rating was C.

5 HARBY LANE Sold Prices

Land registry data shows three sales for 5 HARBY 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 5 HARBY 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
2023 7 NOV	£931,000	£390,927	138% above HPI
2014 28 FEB	£536,000	£247,661	116% above HPI
1996 19 DEC	£156,000	£91,758	70% above HPI

5 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 three 5 HARBY LANE sales between December 1996 and November 2023 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 2014 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the November 2023 sale, where it rises to 138% above the HPI. The line then continues to track at 138% above the HPI.

What might 5 HARBY LANE be worth now?

5 HARBY LANE might now be worth an estimated £951,588.

This is based on house price inflation of 2.2%, between November 2023 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 2.2% inflationary increase is applied to the most recent sale price for 5 HARBY LANE of £931,000 on 7th November 2023. For the value to have increased from £931,000 to £951,588 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 HARBY LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The November 2023 sale price of £931,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HARBY LANE has not materially changed since November 2023.

How Large is 5 HARBY LANE?

5 HARBY LANE is 223m², which includes four extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses houses in Hose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hose, and where 5 HARBY LANE lies on this distribution: 85% of detached houses houses are smaller than 5 HARBY LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Hose.

5 HARBY LANE: Plot and Title Map

5 HARBY LANE sits on a plot of roughly 0.374 of an acre, or 1,513m². The below map shows the location of 5 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 5 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 5 HARBY LANE?

5 HARBY LANE is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 5 on HARBY LANE.