Housing Market Analysis for PENN LANE, LE14 4JA

Are you looking to understand LE14 4JA house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Melton postcode.

For the location information and nearby amenities in the LE14 4JA area, explore the LE14 4JA Area information page.
For comprehensive crime statistics in the LE14 4JA area, explore the LE14 4JA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE14 4JA postcode area, The average prices are as follows,

  • Detached
    • The average price is around £446,483 median price is £380,000 Standard Deviation is £241,496 with Total Sold: 18
    • The Last 5 Year average price is £658,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 PENN LANE: £750,000 (Sold on 03 Jun 2021)
    • The first recorded sale happened at this postcode is THE BARN PENN LANE: £237,700 (Sold on 15 Dec 1995)
  • Other
    • The average price is around £165,500 median price is £165,500 Standard Deviation is £154,500 with Total Sold: 2
    • The Last 5 Year average price is £11,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8A PENN LANE: £11,000 (Sold on 07 Aug 2019)
    • The first recorded sale happened at this postcode is 4 PENN LANE: £320,000 (Sold on 25 Jul 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average LE14 4JA house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£750,000 £3,205 1
2020£921,0001
2019£305,000 £2,990 1
2018£760,000 £2,353 1
2017£825,000 £2,083 1
2016£718,0001
2015£353,333 £2,078 3
2014£430,000 £4,368 1
2012£163,500 £1,661 1
2005£375,000 £947 2
2002£217,500 £549 1
2001£435,000 £1,347 1
2000£370,000 £1,146 1
1996£94,000 £487 1
1995£237,700 £736 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£11,000 £38 1
2018£320,000 £1,270 1

All the Sales in the PENN LANE, LE14 4JA

See the table below for more details on the sold house prices in the LE14 4JA, Melton postcode.

AddressSold DatePrice% Change
2 PENN LANEDetached, FreeholdArea: 234 Sq.mtrAge: 201903 Jun 2021£750,000First Sale
8B PENN LANEDetached, Freehold24 Jul 2020£921,000First Sale
6B PENN LANEDetached, FreeholdArea: 102 Sq.mtr15 Aug 2019£305,000First Sale
8A PENN LANEOther, FreeholdArea: 290 Sq.mtr07 Aug 2019£11,000First Sale
4 PENN LANEOther, FreeholdArea: 252 Sq.mtrAge: 201925 Jul 2018£320,000First Sale
THE BARN PENN LANEDetached, FreeholdArea: 323 Sq.mtrAge: 1983-199012 Jan 2018£760,00074.71%
31 Aug 2001£435,00017.57%
02 Aug 2000£370,00055.66%
15 Dec 1995£237,700First Sale
10 PENN LANEDetached, FreeholdArea: 396 Sq.mtrAge: 2007 onwards28 Sep 2017£825,000120.00%
22 Apr 2005£375,00072.41%
17 Sep 2002£217,500First Sale
1 PENN LANEDetached, Freehold10 Mar 2016£718,000First Sale
38 PENN LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1930-194906 Nov 2015£175,000First Sale
7 PENN LANEDetached, FreeholdArea: 193 Sq.mtrAge: before 190021 Aug 2015£385,000309.57%
27 Sep 1996£94,000First Sale
WEST END FARM, 8 PENN LANEDetached, Freehold06 Jan 2015£500,000First Sale
40 PENN LANEDetached, FreeholdArea: 98.45 Sq.mtrAge: 1930-194920 Aug 2014£430,000163.00%
05 Jul 2012£163,500First Sale
6 PENN LANEDetached, Freehold15 Dec 2005£375,000First Sale

Check out the sold house prices near the LE14 4JA postcode. Properties currently for saleProperties currently for rent

PENN LANE, LE14 4JA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE14 4JA postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE14 4JA postcode.

  • Detached
    • The average price is around £282,890 median price is £250,000 Standard Deviation is £158,546 with Total Sold: 214
    • The Last 5 Year average price is £432,455 with Total Sold: 42
    • The most recent sale happened at this postcode is , 23 VALEBROOK ROAD: £285,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , CHEVY CHASE, 6 MAIN STREET: £87,500 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £141,021 median price is £140,000 Standard Deviation is £61,459 with Total Sold: 55
    • The Last 5 Year average price is £187,995 with Total Sold: 11
    • The most recent sale happened at this postcode is , 5 MAIN STREET: £146,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 4 THE GREEN: £46,000 (Sold on 29 Nov 1996)
  • Semi-Detached
    • The average price is around £186,677 median price is £179,000 Standard Deviation is £111,531 with Total Sold: 55
    • The Last 5 Year average price is £276,845 with Total Sold: 10
    • The most recent sale happened at this postcode is , 20 VALEBROOK ROAD: £269,950 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 22 VALEBROOK ROAD: £48,500 (Sold on 27 Jun 1995)
  • Other
    • The average price is around £313,320 median price is £335,000 Standard Deviation is £244,998 with Total Sold: 10
    • The Last 5 Year average price is £276,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , 8 CITY ROAD: £385,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is , 1A HARBY LANE: £170,000 (Sold on 16 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,667 £3,394 3
2023£485,000 £4,193 3
2022£447,500 £3,875 2
2021£534,864 £2,785 11
2020£432,125 £2,929 12
2019£336,736 £2,818 11
2018£396,500 £2,909 9
2017£448,500 £2,310 7
2016£312,535 £2,315 10
2015£391,833 £2,612 6
2014£291,250 £2,785 8
2013£294,079 £2,041 12
2012£276,357 £2,017 7
2011£268,750 £2,008 4
2010£231,244 £2,020 8
2009£201,250 £1,665 4
2008£267,917 £1,896 6
2007£279,300 £1,213 5
2006£275,0001
2005£314,812 £1,935 8
2004£363,3754
2003£219,240 £1,853 10
2002£173,993 £843 7
2001£184,032 £1,145 14
2000£198,050 £973 9
1999£122,710 £1,288 10
1998£116,000 £734 4
1997£106,562 £872 8
1996£87,071 £859 7
1995£123,550 £655 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,0001
2023£207,500 £3,341 2
2022£265,000 £3,193 1
2021£179,167 £2,917 3
2020£171,500 £2,389 3
2019£189,950 £2,087 1
2018£146,833 £2,445 3
2017£155,000 £2,466 1
2016£209,250 £1,955 2
2015£138,000 £2,027 3
2014£148,750 £2,303 4
2013£131,833 £2,073 3
2012£135,000 £2,213 1
2009£175,000 £1,966 1
2007£141,000 £2,462 2
2006£199,667 £1,895 3
2005£110,333 £1,476 3
2004£200,250 £2,018 2
2003£151,290 £1,828 5
2002£69,000 £1,380 1
2001£87,750 £1,075 2
1999£52,000 £712 1
1998£34,250 £685 1
1997£42,800 £620 5
1996£46,000 £754 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£249,975 £2,922 2
2022£280,000 £3,090 4
2021£530,0001
2020£220,000 £2,422 2
2019£178,500 £1,919 1
2018£165,000 £2,115 1
2017£206,500 £2,061 2
2016£160,000 £2,051 1
2015£125,000 £1,603 1
2014£190,000 £2,341 1
2013£175,000 £2,244 1
2012£400,000 £3,099 1
2011£251,667 £1,959 3
2010£195,333 £1,911 3
2009£224,000 £1,802 2
2008£220,000 £2,372 1
2007£542,5001
2006£215,788 £2,086 4
2005£172,500 £2,241 2
2004£154,475 £1,468 4
2002£179,000 £1,455 1
2001£205,000 £719 2
2000£85,0001
1999£71,875 £845 4
1998£60,2502
1997£64,938 £770 4
1996£53,000 £571 1
1995£49,250 £631 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£385,000 £2,026 1
2021£350,0001
2019£216,000 £1,852 3
2018£320,000 £1,270 1
2017£420,067 £3,234 3
2016£170,000 £934 1

House Type in LE14 4JA area

The most common house types in the LE14 4JA postcode area are Detached (118), Semi-detached (23), and Terraced (19).

Total163
Detached118
Semi-detached23
Terraced19
Flat1
Shared house1
temporary structure1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright81
Owned: Owns with a mortgage or loan49
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency12
Private rented: Other private rented5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LE14 4JA have 2 people in household (72), and 1 person in household (34).

2 people in household72
1 person in household34
3 people in household27
4 people in household20
5 people in household10
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0