15, HECADECK LANE, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3EZ - £608,000

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.

15 HECADECK LANE is a midsized extended detached house of 159m², built sometime between 1991 and 1995, which could now be worth an estimated £634,069. It was last sold for £608,000 in June 2021, which was around 71% above the average June 2021 detached price in the Melton local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

15 HECADECK LANE Sold Prices

Land registry data shows three sales for 15 HECADECK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 15 HECADECK 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
2021 30 JUN	£608,000	£354,535	71% above HPI
2012 7 MAR	£440,000	£237,248	85% above HPI
2000 1 JUN	£210,000	£115,361	82% above HPI

15 HECADECK 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 three 15 HECADECK LANE sales between June 2000 and June 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 2012 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2021 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 15 HECADECK LANE be worth now?

15 HECADECK LANE might now be worth an estimated £634,069.

This is based on house price inflation of 4.3%, between June 2021 and June 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 4.3% inflationary increase is applied to the most recent sale price for 15 HECADECK LANE of £608,000 on 30th June 2021. For the value to have increased from £608,000 to £634,069 over the four years to June 2025, the following assumptions must hold true:

• The value of 15 HECADECK LANE has moved in line with the HPI for detached houses in the Melton local authority area.
• The June 2021 sale price of £608,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HECADECK LANE has not materially changed since June 2021.

How Large is 15 HECADECK LANE?

15 HECADECK LANE is 159m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% of detached houses houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nether Broughton, and where 15 HECADECK LANE lies on this distribution: 53% of detached houses houses are smaller than 15 HECADECK LANE, and 47% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

15 HECADECK LANE: Plot and Title Map

15 HECADECK LANE sits on a plot of roughly 0.255 of an acre, or 1,032m². The below map shows the location of 15 HECADECK 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 15 HECADECK 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 15 HECADECK LANE?

15 HECADECK LANE is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 15 on HECADECK LANE.