7, TOFTS HILL, STATHERN, MELTON MOWBRAY, LE14 4HU - £557,500

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.

7 TOFTS HILL is a very large detached house of 283m², which could now be worth an estimated £728,602. It was last sold for £557,500 in February 2017, which was around 82% above the average February 2017 detached price in the Melton local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was C.

7 TOFTS HILL Sold Prices

Land registry data shows two sales for 7 TOFTS HILL 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 TOFTS HILL 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
2017 3 FEB	£557,500	£305,738	82% above HPI
2017 20 JAN	£5,000	£305,611	98% below HPI

7 TOFTS HILL 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 TOFTS HILL sales from January 2017 and February 2017 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 January 2017 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the February 2017 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 7 TOFTS HILL be worth now?

7 TOFTS HILL might now be worth an estimated £728,602.

This is based on house price inflation of 30.7%, between February 2017 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 30.7% inflationary increase is applied to the most recent sale price for 7 TOFTS HILL of £557,500 on 3rd February 2017. For the value to have increased from £557,500 to £728,602 over the eight years to February 2025, the following assumptions must hold true:

• The value of 7 TOFTS HILL has moved in line with the HPI for detached houses in the Melton local authority area.
• The February 2017 sale price of £557,500 represented a fair market value for the property.
• The size, condition, and specification of 7 TOFTS HILL has not materially changed since February 2017.

How Large is 7 TOFTS HILL?

7 TOFTS HILL is 283m² according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Stathern, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stathern, and where 7 TOFTS HILL lies on this distribution: 95% of detached houses houses are smaller than 7 TOFTS HILL, and 5% of houses are larger. Note that EPC data is not available for all properties in Stathern.

7 TOFTS HILL: Plot and Title Map

7 TOFTS HILL sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 7 TOFTS HILL, 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 TOFTS HILL). 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 TOFTS HILL?

7 TOFTS HILL is located in STATHERN, in the LE14 postcode district. The below map shows the position of No. 7 on TOFTS HILL.