7, BROOK LANE, ASFORDBY, MELTON MOWBRAY, LE14 3RT - £480,000

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

7 BROOK LANE is a very large detached house of 235m². It was last sold for £480,000 in November 2020, which was around 44% above the average November 2020 detached price in the Melton local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.

7 BROOK LANE Sold Prices

Land registry data shows two sales for 7 BROOK 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. One of the two 7 BROOK LANE sales was for above the average price, whilst the other was 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
2020 20 NOV	£480,000	£333,883	44% above HPI
2012 24 SEP	£175,000	£239,352	27% below HPI

7 BROOK 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 7 BROOK LANE sales from September 2012 and November 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 September 2012 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 7 BROOK LANE?

7 BROOK LANE is 235m² according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 7 BROOK LANE lies on this distribution: 99% of detached houses are smaller than 7 BROOK LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

7 BROOK LANE: Plot and Title Map

7 BROOK LANE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 7 BROOK 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 7 BROOK 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 7 BROOK LANE?

7 BROOK LANE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 7 on BROOK LANE.