5, SANDY LANE, SCALFORD, MELTON MOWBRAY, LE14 4DS - £427,500

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

5 SANDY LANE is a small detached house of 116m², built sometime between 1976 and 1982. It was last sold for £427,500 in December 2020, which was around 24% above the average December 2020 detached price in the Melton local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

5 SANDY LANE Sold Prices

Land registry data shows two sales for 5 SANDY 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. Both of the two 5 SANDY 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 4 DEC	£427,500	£346,083	24% above HPI
2008 15 AUG	£310,000	£236,379	31% above HPI

5 SANDY 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 5 SANDY LANE sales from August 2008 and December 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 August 2008 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 5 SANDY LANE?

5 SANDY LANE is 116m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 40% of detached houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses by size in Scalford, and where 5 SANDY LANE lies on this distribution: 36% of detached houses are smaller than 5 SANDY LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Scalford.

5 SANDY LANE: Plot and Title Map

5 SANDY LANE sits on a plot of roughly 0.287 of an acre, or 1,160m². The below map shows the location of 5 SANDY 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 SANDY 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 SANDY LANE?

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