6, BIRDS LANE, STATHERN, MELTON MOWBRAY, LE14 4EY - £230,000

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

6 BIRDS LANE is a midsized detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £395,881. It was last sold for £230,000 in July 2013, which was around 1% below the average July 2013 detached price in the Melton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was C.

6 BIRDS LANE Sold Prices

Land registry data shows four sales for 6 BIRDS 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. Two of the four 6 BIRDS LANE sales were for below the average price, whilst one was 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
2013 11 JUL	£230,000	£231,308	1% below HPI
2001 3 AUG	£131,000	£130,774	Close to HPI
1999 16 SEP	£117,000	£102,868	14% above HPI
1998 29 JAN	£88,000	£102,645	14% below HPI

6 BIRDS 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 6 BIRDS LANE sales between January 1998 and July 2013 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 6 BIRDS LANE be worth now?

6 BIRDS LANE might now be worth an estimated £395,881.

This is based on house price inflation of 72.1%, between July 2013 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 72.1% inflationary increase is applied to the most recent sale price for 6 BIRDS LANE of £230,000 on 11th July 2013. For the value to have increased from £230,000 to £395,881 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 6 BIRDS LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The July 2013 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BIRDS LANE has not materially changed since July 2013.

How Large is 6 BIRDS LANE?

6 BIRDS LANE is 127m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% 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 6 BIRDS LANE lies on this distribution: 41% of detached houses houses are smaller than 6 BIRDS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Stathern.

6 BIRDS LANE: Plot and Title Map

6 BIRDS LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 6 BIRDS 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 6 BIRDS 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 6 BIRDS LANE?

6 BIRDS LANE is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 6 on BIRDS LANE.