2A, PUMP LANE, ASFORDBY, MELTON MOWBRAY, LE14 3SH - £293,000

2A PUMP LANE is a large detached house of 131m², built sometime between 1991 and 1995. It was last sold for £293,000 in December 2013, which was around 21% above the average December 2013 detached price in the Melton local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

2A PUMP LANE Sold Prices

Land registry data shows three sales for 2A PUMP 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 2A PUMP 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
2013 13 DEC	£293,000	£242,708	21% above HPI
2002 2 OCT	£220,000	£165,579	33% above HPI
1996 31 JUL	£102,000	£83,334	22% above HPI

2A PUMP 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 2A PUMP LANE sales between July 1996 and December 2013 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 October 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the December 2013 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2A PUMP LANE?

2A PUMP LANE is 131m² according to the EPC inspection conducted in April 2009. This puts it in the largest 30% of detached houses in Asfordby, based on EPC data. The below chart shows the distribution of detached houses by size in Asfordby, and where 2A PUMP LANE lies on this distribution: 73% of detached houses are smaller than 2A PUMP LANE, and 27% of houses are larger. Note that EPC data is not available for all properties in Asfordby.

2A PUMP LANE: Plot and Title Map

2A PUMP LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 2A PUMP 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 2A PUMP 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 2A PUMP LANE?

2A PUMP LANE is located in ASFORDBY, in the LE14 postcode district. The below map shows the position of No. 2A on PUMP LANE.