8A, STATHERN LANE, HARBY, MELTON MOWBRAY, LE14 4DA - £425,000

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

8A STATHERN LANE is a small detached house of 110m². It was last sold for £425,000 in December 2021, which was around 21% above the average December 2021 detached price in the Melton local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

8A STATHERN LANE Sold Prices

Land registry data shows two sales for 8A STATHERN 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 8A STATHERN 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
2021 8 DEC	£425,000	£350,074	21% above HPI
2017 20 OCT	£331,250	£303,426	9% above HPI

8A STATHERN 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 8A STATHERN LANE sales from October 2017 and December 2021 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 October 2017 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2021 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 8A STATHERN LANE?

8A STATHERN LANE is 110m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Harby, based on EPC data. The below chart shows the distribution of detached houses by size in Harby, and where 8A STATHERN LANE lies on this distribution: 32% of detached houses are smaller than 8A STATHERN LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Harby.

8A STATHERN LANE: Plot and Title Map

8A STATHERN LANE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8A STATHERN 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 8A STATHERN 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 8A STATHERN LANE?

8A STATHERN LANE is located in HARBY, in the LE14 postcode district. The below map shows the position of No. 8A on STATHERN LANE.