7, GARDEN LANE, MELTON MOWBRAY, LE13 0SJ - £560,000

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 GARDEN LANE is a very large extended detached house of 209m², built sometime between 1983 and 1990. It was last sold for £560,000 in June 2024, which was around 48% above the average June 2024 detached price in the Melton local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

7 GARDEN LANE Sold Prices

Land registry data shows four sales for 7 GARDEN 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. All of the four 7 GARDEN 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
2024 5 JUN	£560,000	£377,737	48% above HPI
2013 29 APR	£315,000	£228,821	38% above HPI
2009 14 JUL	£285,000	£211,383	35% above HPI
2007 27 APR	£318,000	£243,809	30% above HPI

7 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 four 7 GARDEN LANE sales between April 2007 and June 2024 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 April 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the June 2024 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 7 GARDEN LANE?

7 GARDEN LANE is 209m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 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 7 GARDEN LANE lies on this distribution: 97% of detached houses are smaller than 7 GARDEN LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

7 GARDEN LANE: Plot and Title Map

7 GARDEN LANE sits on a plot of roughly 0.284 of an acre, or 1,150m². The below map shows the location of 7 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 7 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 7 GARDEN LANE?

7 GARDEN LANE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 7 on GARDEN LANE.