10, MIDDLE LANE, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3HD - £240,000

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.

10 MIDDLE LANE is a very small extended terraced house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £256,037. It was last sold for £240,000 in October 2020, which was around 39% above the average October 2020 terraced price in the Melton local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

10 MIDDLE LANE Sold Prices

Land registry data shows three sales for 10 MIDDLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Melton local authority area for the corresponding sale date. All of the three 10 MIDDLE 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
2020 15 OCT	£240,000	£172,210	39% above HPI
2008 10 APR	£152,000	£131,305	16% above HPI
1999 26 NOV	£65,000	£50,527	29% above HPI

10 MIDDLE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Melton local authority area over time, sourced from the HPI. The three 10 MIDDLE LANE sales between November 1999 and October 2020 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 April 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 10 MIDDLE LANE be worth now?

10 MIDDLE LANE might now be worth an estimated £256,037.

This is based on house price inflation of 6.7%, between October 2020 and June 2025, for terraced 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 6.7% inflationary increase is applied to the most recent sale price for 10 MIDDLE LANE of £240,000 on 15th October 2020. For the value to have increased from £240,000 to £256,037 over the five years and four months to June 2025, the following assumptions must hold true:

• The value of 10 MIDDLE LANE has moved in line with the HPI for terraced houses in the Melton local authority area.
• The October 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MIDDLE LANE has not materially changed since October 2020.

How Large is 10 MIDDLE LANE?

10 MIDDLE LANE is 87m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of terraced houses houses in Nether Broughton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nether Broughton, and where 10 MIDDLE LANE lies on this distribution: 17% of terraced houses houses are smaller than 10 MIDDLE LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

10 MIDDLE LANE: Plot and Title Map

10 MIDDLE LANE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 10 MIDDLE 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 10 MIDDLE 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 10 MIDDLE LANE?

10 MIDDLE LANE is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 10 on MIDDLE LANE.