17, CHAPEL LANE, NETHER BROUGHTON, MELTON MOWBRAY, LE14 3EN - £290,000

17 CHAPEL LANE is a very small detached house of 76m², built sometime before 1900. It was last sold for £290,000 in April 2017, which was around 3% below the average April 2017 detached price in the Melton local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was E.

17 CHAPEL LANE Sold Prices

Land registry data shows three sales for 17 CHAPEL 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. Two of the three 17 CHAPEL LANE sales were for below the average price, whilst one was 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
2017 21 APR	£290,000	£300,260	3% below HPI
2010 16 JUL	£240,000	£225,835	6% above HPI
2005 29 APR	£136,500	£210,177	35% below HPI

17 CHAPEL 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 17 CHAPEL LANE sales between April 2005 and April 2017 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 July 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 17 CHAPEL LANE?

17 CHAPEL LANE is 76m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% of detached houses in Nether Broughton, based on EPC data. The below chart shows the distribution of detached houses by size in Nether Broughton, and where 17 CHAPEL LANE lies on this distribution: 9% of detached houses are smaller than 17 CHAPEL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Nether Broughton.

17 CHAPEL LANE: Plot and Title Map

17 CHAPEL LANE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 17 CHAPEL 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 17 CHAPEL 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 17 CHAPEL LANE?

17 CHAPEL LANE is located in NETHER BROUGHTON, in the LE14 postcode district. The below map shows the position of No. 17 on CHAPEL LANE.