BELLA VISTA, CHAPEL LANE, UPPER BROUGHTON, MELTON MOWBRAY, LE14 3BB - £350,000

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

BELLA VISTA is a small extended detached house of 155m², built sometime before 1900. It was last sold for £350,000 in July 2018, which was around 5% below the average July 2018 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was B.

BELLA VISTA Sold Prices

Land registry data shows two sales for BELLA VISTA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. One of the two BELLA VISTA sales was for below the average price, whilst the other was 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
2018 27 JUL	£350,000	£369,890	5% below HPI
2013 9 AUG	£320,000	£287,300	11% above HPI

BELLA VISTA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two BELLA VISTA sales from August 2013 and July 2018 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 2013 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2018 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is BELLA VISTA?

BELLA VISTA is 155m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of detached houses in Upper Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Upper Broughton, and where BELLA VISTA lies on this distribution: 25% of detached houses are smaller than BELLA VISTA, and 75% of houses are larger. Note that EPC data is not available for all properties in Upper Broughton.

BELLA VISTA: Plot and Title Map

BELLA VISTA sits on a plot of roughly 0.172 of an acre, or 696m². The below map shows the location of BELLA VISTA, 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 BELLA VISTA). 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 BELLA VISTA?

BELLA VISTA is located on CHAPEL LANE in UPPER BROUGHTON, in the LE14 postcode district. The below map shows the position of BELLA VISTA on CHAPEL LANE.