38, CHAPEL LANE, HOSE, MELTON MOWBRAY, LE14 4JG - £368,000

38 CHAPEL LANE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £368,000 in May 2015, which was around 44% above the average May 2015 detached price in the Melton local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

38 CHAPEL LANE Sold Prices

Land registry data shows three sales for 38 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. All of the three 38 CHAPEL 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
2015 22 MAY	£368,000	£255,597	44% above HPI
2002 25 JAN	£227,000	£139,843	62% above HPI
2000 9 JUN	£171,500	£111,223	54% above HPI

38 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 38 CHAPEL LANE sales between June 2000 and May 2015 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 January 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the May 2015 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 38 CHAPEL LANE?

38 CHAPEL LANE is 120m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Hose, based on EPC data. The below chart shows the distribution of detached houses by size in Hose, and where 38 CHAPEL LANE lies on this distribution: 50% of detached houses are smaller than 38 CHAPEL LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Hose.

38 CHAPEL LANE: Plot and Title Map

38 CHAPEL LANE sits on a plot of roughly 0.311 of an acre, or 1,258m². The below map shows the location of 38 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 38 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 38 CHAPEL LANE?

38 CHAPEL LANE is located in HOSE, in the LE14 postcode district. The below map shows the position of No. 38 on CHAPEL LANE.