6, GARDEN LANE, MELTON MOWBRAY, LE13 0SJ - £185,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

6 GARDEN LANE is a very small detached house of 46m², built sometime between 1950 and 1966. It was last sold for £185,000 in March 2018, which was around 39% below the average March 2018 detached price in the Melton local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

6 GARDEN LANE Sold Prices

Land registry data shows three sales for 6 GARDEN 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 6 GARDEN LANE sales were 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
2018 16 MAR	£185,000	£302,285	39% below HPI
2013 26 MAR	£160,000	£230,327	31% below HPI
2003 17 MAR	£129,250	£174,174	26% below HPI

6 GARDEN 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 6 GARDEN LANE sales between March 2003 and March 2018 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 March 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 6 GARDEN LANE?

6 GARDEN LANE is 46m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 6 GARDEN LANE lies on this distribution: Less than 1% of detached houses are smaller than 6 GARDEN LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

6 GARDEN LANE: Plot and Title Map

6 GARDEN LANE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 6 GARDEN 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 GARDEN 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 GARDEN LANE?

6 GARDEN LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 6 on GARDEN LANE.