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

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.

6 GARDEN LANE is a very small detached house of 46m², built sometime between 1950 and 1966, which could now be worth an estimated £235,767. It was last sold for £185,000 in March 2018, which was around 41% 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	£313,533	41% below HPI
2013 26 MAR	£160,000	£238,897	33% below HPI
2003 17 MAR	£129,250	£180,655	28% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 6 GARDEN LANE be worth now?

6 GARDEN LANE might now be worth an estimated £235,767.

This is based on house price inflation of 27.4%, between March 2018 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 27.4% inflationary increase is applied to the most recent sale price for 6 GARDEN LANE of £185,000 on 16th March 2018. For the value to have increased from £185,000 to £235,767 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 6 GARDEN LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 6 GARDEN LANE has not materially changed since March 2018.

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 houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 6 GARDEN LANE lies on this distribution: Less than 1% of detached houses 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.