VALE HOUSE, MAIN STREET, HICKLING, MELTON MOWBRAY, LE14 3AQ - £635,000

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

VALE HOUSE is a midsized extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £635,000 in April 2021, which was around 54% above the average April 2021 detached price in the Rushcliffe local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was C.

VALE HOUSE Sold Prices

Land registry data shows two sales for VALE HOUSE 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. Both of the two VALE HOUSE 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 23 APR	£635,000	£411,742	54% above HPI
1998 23 SEP	£178,000	£107,788	65% above HPI

VALE HOUSE 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 VALE HOUSE sales from September 1998 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 September 1998 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2021 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is VALE HOUSE?

VALE HOUSE is 178m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of detached houses in Hickling, based on EPC data. The below chart shows the distribution of detached houses by size in Hickling, and where VALE HOUSE lies on this distribution: 57% of detached houses are smaller than VALE HOUSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Hickling.

VALE HOUSE: Plot and Title Map

VALE HOUSE sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of VALE HOUSE, 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 VALE HOUSE). 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 VALE HOUSE?

VALE HOUSE is located on MAIN STREET in HICKLING, in the LE14 postcode district. The below map shows the position of VALE HOUSE on MAIN STREET.