Our Data Sources
2, Penn Lane, Melton Mowbray has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Penn Lane, Melton Mowbray, we estimate a market value of £744,812 and a rental value of £1,787 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £659,691 and £1,582 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, Penn Lane, Melton Mowbray as measuring 901 m2.
That makes it the 7th largest plot in the postcode, where 16 of the 19 other houses have recorded plot data.
Energy Efficiency
2, Penn Lane, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 2, Penn Lane, Melton Mowbray completed on 3rd June 2021 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.6% over the period since June 2021.
- Sold Jun 2021£750,000
Similar Properties Sold Nearby
Over the past 2 years 44 properties similar to 2, Penn Lane, Melton Mowbray have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 8, Willow Road, Melton Mowbray, LE14 4GJ, a freehold house which sold for £729,995.
Read more about house prices in LE14.
- Sold Mar 2025£729,995 | 5 Bed House8, Willow Road, Melton Mowbray, LE14 4GJ8, Willow Road, Melton Mowbray, LE14 4GJ
- Sold Dec 2021£802,000 | 5 Bed House4, Penn Lane, Melton Mowbray, LE14 4JA4, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Jul 2020£921,000 | 5 Bed House8B, Penn Lane, Melton Mowbray, LE14 4JA8B, Penn Lane, Melton Mowbray, LE14 4JA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Penn Lane, Stathern, Melton Mowbray, LE14, 2, Penn Lane, Melton Mowbray comes out as the 6th largest and the 4th most expensive in our analysis of the public data.
It is also £324k more expensive than the average property across the LE14 district.
More reading links
Schools Nearby
- Stathern Primary School500 m away
- Harby Church of England Primary School2.4 km away
- Hose Church of England Primary School4.0 km away
- The Priory Belvoir Academy7.7 km away
- Toot Hill School10.5 km away
- John Ferneley College10.6 km away
More reading links
Public Transport Nearby
- Elton & Orston|8.6 km away
- Bottesford|8.8 km away
- Aslockton|8.9 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
