5 CHAPEL LANE

£422,746

Full Address

5 CHAPEL LANE
SOMERBY
MELTON MOWBRAY
LEICESTERSHIRE
UNITED KINGDOM
LE14 2PR

Estimated Market Value

£422,746

This estimated value is based upon the latest sale price for the house of £350,000 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1

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Transactions for this house
Price PaidDate
£350,00028 Feb 2020
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.

When this house was purchased in February 2020 the House Price Index for LEICESTERSHIRE was 121.5.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 20.785%.

Applying this 20.785% change to the original purchase price of £350,000 results in an estimated price of approximately £422,746.

28 Feb 2020 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
121.5 146.7 20.785 % £350,000 £72,746 £422,746

The Postcode Pricing Model uses changes in average sales price within the LE14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations

Change % Change £ Estimated Price
1 Month Average 18.639 % £65,235 £415,235
3 Month Average -0.232 % £-812 £349,187
6 Month Average 11.833 % £41,414 £391,414
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress

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House Size

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2023 Violence and sexual offences Investigation complete; no suspect identified On or near Mill Lane
Feb 2024 Violence and sexual offences Under investigation On or near The Field
Mar 2024 Other crime Under investigation On or near Owston Road
Feb 2024 Burglary Investigation complete; no suspect identified On or near Owston Road
Feb 2024 Public order Investigation complete; no suspect identified On or near East Acre

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Companies Near Here
OAK AND STONE DEVELOPMENT LTD
3 Chapel Lane Somerby Melton Mowbray England LE14 2PR
MAS SUPPLIES LIMITED
Manor Farm Cottage Manor Lane Somerby Melton Mowbray Leicestershire LE14 2QD
MAN WITH FAN LTD
86 High Street Somerby Melton Mowbray England LE14 2QB
ROYLE STANDARD LIMITED
88 High Street Somerby Melton Mowbray Leicestershire United Kingdom LE14 2QB
GREEN HEAT TRADING LTD.
88 High Street High Street Somerby Melton Mowbray United Kingdom LE14 2QB

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People Near Here
Caroline Dawn Crankshaw
Manor Farm Cottage Manor Lane, Somerby, LE14 2QD
MICHAEL TOLOND Historic Information
THE PINFOLD HIGH STREET, LE14 2QB
Clive Martyn Crankshaw
Manor Farm Cottage Manor Lane, Somerby, LE14 2QD
WILLIAM PETER SEARY Historic Information SOLICITOR
CLAREMONT COTTAGE, 2 CHAPEL LANE, SOMERBY, LE14 2PR
Mr Fuad Hemzeh
88 High Street, Somerby, LE14 2QB
Mr Fuad Hamzeh
88 High Street Somerby, LE14 2QB
MICHAEL JAMES TOLOND
THE PINFOLD HIGH STREET, LE14 2QB
MR MICHAEL JAMES TOLOND
THE PINFOLD HIGH STREET, SOMERBY, LE14 2QB
Mr Peter Darren Worthington
84 High Street, LE14 2QB
GRAHAM WAINWRIGHT WASSALL FOOTWEAR CONSULTANT
MANOR COTTACGE MANOR LANE, SOMERBY, LE14 2QD
PETER SEARY Historic Information
2 CHAPEL LANE, SOMERBY, LE14 2PR
Mr Samuel James Thorpe
3 Chapel Lane, Somerby, LE14 2PR
MR ADAM BRADLEY GREEN DIRECTOR
84 HIGH STREET, SOMERBY, LE14 2QB
MARTIN STEWART WATTS Historic Information DIRECTOR
CHARITY HOUSE CHAPEL LANE, SOMERBY, LE14 2PR
MRS. SUSAN BEVERLY O'CONNOR Historic Information DIRECTOR
STONE VILLA 96 HIGH STREET, SOMERBY, LE14 2QB
CLIVE MARTYN CRANKSHAW COMPANY DIRECTOR
MANOR FARM COTTAGE MANOR LANE, SOMERBY, LE14 2QD
CAROLINE DAWN CRANKSHAW COMPANY DIRECTOR
MANOR FARM COTTAGE MANOR LANE, SOMERBY, LE14 2QD
Mrs Jayne Ann Montgomery-Stuart Historic Information
96 High Street, Somerby, LE14 2QB
ANNE WASSALL ADMINISTRATOR
MANOR COTTACGE MANOR LANE, SOMERBY, LE14 2QD
MR PETER HUGH O'CONNOR Historic Information COMPANY DIRECTOR
STONE VILLA 96 HIGH STREET, SOMERBY, LE14 2QB
DR DAVID ARMANI Historic Information DIRECTOR
88 HIGH STREET SOMERBY, MELTON MOWBRAY, LE14 2QB

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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