1, BACK LANE, LONG CLAWSON, MELTON MOWBRAY, LE14 4NA - £340,000

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.

1 BACK LANE is a very large extended detached house of 241m², built sometime before 1900, which could now be worth an estimated £775,805. It was last sold for £340,000 in April 2003, which was around 93% above the average April 2003 detached price in the Melton local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

1 BACK LANE Sold Prices

Land registry data shows two sales for 1 BACK 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. One of the two 1 BACK LANE 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
2003 17 APR	£340,000	£176,415	93% above HPI
1997 25 SEP	£85,000	£89,475	5% below HPI

1 BACK 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 1 BACK LANE sales from September 1997 and April 2003 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 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2003 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might 1 BACK LANE be worth now?

1 BACK LANE might now be worth an estimated £775,805.

This is based on house price inflation of 128.2%, between April 2003 and May 2026, 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 128.2% inflationary increase is applied to the most recent sale price for 1 BACK LANE of £340,000 on 17th April 2003. For the value to have increased from £340,000 to £775,805 over the 22 years and eleven months to May 2026, the following assumptions must hold true:

• The value of 1 BACK LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The April 2003 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BACK LANE has not materially changed since April 2003.

How Large is 1 BACK LANE?

1 BACK LANE is 241m², which includes two extensions, according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses houses in Long Clawson, based on EPC data. The below chart shows the distribution of detached houses houses by size in Long Clawson, and where 1 BACK LANE lies on this distribution: 83% of detached houses houses are smaller than 1 BACK LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Long Clawson.

1 BACK LANE: Plot and Title Map

1 BACK LANE sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 1 BACK 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 1 BACK 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 1 BACK LANE?

1 BACK LANE is located in LONG CLAWSON, in the LE14 postcode district. The below map shows the position of No. 1 on BACK LANE.