7, DAIRY LANE, HOSE, MELTON MOWBRAY, LE14 4JW - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 DAIRY LANE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £215,000 in November 2005, which was around 5% below the average November 2005 detached price in the Melton local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

7 DAIRY LANE Sold Prices

Land registry data shows four sales for 7 DAIRY 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. Most of the four 7 DAIRY 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
2005 4 NOV	£215,000	£227,193	5% below HPI
2003 26 FEB	£173,000	£171,773	1% above HPI
1998 14 DEC	£93,500	£91,109	3% above HPI
1995 13 OCT	£90,000	£76,403	18% above HPI

7 DAIRY 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 7 DAIRY LANE sales between October 1995 and November 2005 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 February 2003 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2005 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 7 DAIRY LANE?

7 DAIRY LANE is 89m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 20% of detached houses in Hose, based on EPC data. The below chart shows the distribution of detached houses by size in Hose, and where 7 DAIRY LANE lies on this distribution: 15% of detached houses are smaller than 7 DAIRY LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hose.

7 DAIRY LANE: Plot and Title Map

7 DAIRY LANE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 7 DAIRY 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 DAIRY 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 DAIRY LANE?

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