The New Bungalow Lag Lane

    THE NEW BUNGALOW, LAG LANE, THORPE ARNOLD, MELTON MOWBRAY, LE14 4RU

    This detached freehold property on Lag Lane last sold in November 2021 for £345,000. Based on price growth in the LE14 district since then, its estimated current value is £354,852 — placing it in the 60th percentile nationally and the 50th percentile within LE14. The property covers 70 m² (753 sq ft), giving an estimated value of £5,069 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £345,000

    Nov 2021

    Estimated Valuation

    £354,852

    Est. £/sq ft

    £471/sq ft

    £5,069/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialA
    Floor area753 sq ft (70 m²)
    EPC dateApr 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Nov 2021

    £345,000

    Key Metrics

    Estimated valuation£354,852
    Value per sq ft / m²£471/sq ft (£5,069/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE14 district percentile50th percentile
    National percentile60th percentile

    District Context — LE14

    LE14 covers parts of south Leicestershire, including the market towns and villages around Melton Mowbray and the surrounding rural areas. It is a predominantly mature, affluent community with strong owner-occupation and a character shaped by farming heritage and country living.

    Average Property Price - LE14

    £403,241

    67

    National percentile

    Average Net Household Income - LE14

    £43,865

    72

    National percentile

    10-Year Annualised Price Growth - LE14

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE14

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