NETHERHALL BARN, SOUTH STREET, SCALFORD, MELTON MOWBRAY, LE14 4DY - £655,000

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.

NETHERHALL BARN is a very large extended detached house of 237m², built sometime before 1900, which could now be worth an estimated £752,617. It was last sold for £655,000 in April 2021, which was around 88% above the average April 2021 detached price in the Melton local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

NETHERHALL BARN Sold Prices

Land registry data shows five sales for NETHERHALL BARN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the five NETHERHALL BARN 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 APR	£655,000	£347,746	88% above HPI
2017 24 MAR	£550,000	£310,072	77% above HPI
2002 1 MAR	£340,000	£147,209	131% above HPI
1997 13 OCT	£225,000	£89,651	151% above HPI
1995 3 NOV	£175,000	£80,190	118% above HPI

NETHERHALL BARN 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 five NETHERHALL BARN sales between November 1995 and April 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 March 2017 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the April 2021 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might NETHERHALL BARN be worth now?

NETHERHALL BARN might now be worth an estimated £752,617.

This is based on house price inflation of 14.9%, between April 2021 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 14.9% inflationary increase is applied to the most recent sale price for NETHERHALL BARN of £655,000 on 8th April 2021. For the value to have increased from £655,000 to £752,617 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of NETHERHALL BARN has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2021 sale price of £655,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERHALL BARN has not materially changed since April 2021.

How Large is NETHERHALL BARN?

NETHERHALL BARN is 237m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 10% of detached houses houses in Scalford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Scalford, and where NETHERHALL BARN lies on this distribution: 96% of detached houses houses are smaller than NETHERHALL BARN, and 4% of houses are larger. Note that EPC data is not available for all properties in Scalford.

NETHERHALL BARN: Plot and Title Map

NETHERHALL BARN sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of NETHERHALL BARN, 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 NETHERHALL BARN). 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 NETHERHALL BARN?

NETHERHALL BARN is located on SOUTH STREET in SCALFORD, in the LE14 postcode district. The below map shows the position of NETHERHALL BARN on SOUTH STREET.