7, GREEN LANE, HARBY, MELTON MOWBRAY, LE14 4BQ - £440,000

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 GREEN LANE is a very large extended detached house of 185m², built sometime from 2007 onwards. It was last sold for £440,000 in August 2016, which was around 56% above the average August 2016 detached price in the Melton local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

7 GREEN LANE Sold Prices

Land registry data shows two sales for 7 GREEN 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. Both of the two 7 GREEN 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
2016 18 AUG	£440,000	£281,617	56% above HPI
2008 20 AUG	£421,500	£236,379	78% above HPI

7 GREEN 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 GREEN LANE sales from August 2008 and August 2016 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 August 2008 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2016 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 7 GREEN LANE?

7 GREEN LANE is 185m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 7 GREEN LANE lies on this distribution: 82% of detached houses are smaller than 7 GREEN LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Harby.

7 GREEN LANE: Plot and Title Map

7 GREEN LANE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 7 GREEN 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 GREEN 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 GREEN LANE?

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