2, Well Lane
2, Well Lane
Description & Estimates
According to the public record, 2, Well Lane, Melton Mowbray is a mid-century house with 2,475 ft2 of internal area and sits on a 652 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Well Lane, Melton Mowbray is £587,086 and the estimated rental value is £1,951 per month.
Well Lane, Upper Broughton, Melton Mowbray, LE14 is located in the borough of Rushcliffe within the LE14 postal district.
Our Data Sources
2, Well Lane, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated March 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Well Lane, Melton Mowbray is in very good condition we estimate a sale value of £616,440 and a rental value of £2,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £545,990 and a rental value of £1,815 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Well Lane, Melton Mowbray has decreased by £9,735 (1.7%), while its estimated rental value has grown by £47 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 2, Well Lane, Melton Mowbray sits on a plot of 652 m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Well Lane, Melton Mowbray sits on the largest plot.
Energy Efficiency
2, Well Lane, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Well Lane, Melton Mowbray within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Bottom Green Cottage, Bottom Green, Melton Mowbray, LE14 3BA, a freehold house which sold for £685,000 on the 29th September 2022.
Read more about house prices in LE14.
- Sold Sep 2022£685,000 | 5 Bed HouseBottom GreenBottom Green Cottage, Bottom Green, Melton Mowbray, LE14 3BA
- Sold Jan 2021£780,000 | 5 Bed HouseBottom GreenWillow Cottage, Bottom Green, Melton Mowbray, LE14 3BA
- Sold Dec 2018£720,000 | 5 Bed HouseBottom GreenThe Barn, Bottom Green, Melton Mowbray, LE14 3BA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Well Lane, Upper Broughton, Melton Mowbray, LE14 has a total of 3 addresses. According to our analysis of all the public data, 2, Well Lane, Melton Mowbray is the largest and the most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in LE14.
More reading links
Schools Nearby
- 2.3kmOld Dalby Church of England Primary School
- 4.4kmLong Clawson Church of England Primary School
- 4.5kmKinoulton Primary School
- 8.2kmThe South Wolds Academy & Sixth Form
- 8.6kmJohn Ferneley College
- 9.6kmLong Field Spencer Academy
More reading links
Public Transport Nearby
The closest station to 2, Well Lane, Melton Mowbray is Melton Mowbray station, which is 10.2 kilometres away.
- 10.2kmMelton Mowbray
- 13.5kmSileby
- 13.8kmRadcliffe (Nottinghamshire)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
