Local market reports › LE area › LE14 › LE14 2
Ashby Folville market report LE14 2, Melton Mowbray
The standing LE14 2 (Ashby Folville) property market report, rebuilt from the full public record every month. The raw material for this page is 2,349 HM Land Registry entries for LE14 2 (Melton Mowbray), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the typical home in LE14 2 (Melton Mowbray) sold for £381,300 in 2026, the median of 17 registered sales, down 6% on five years earlier. The mean was £388,300, and by floor area homes here have averaged about £3,380 per square metre over the last five years. The figures cover 2,349 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
LE14 2 is a postcode sector: one group of streets inside LE14 (Melton Mowbray). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where LE14 2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
LE14 2 sold prices: where the market stands
The 2026 median for LE14 2 is £381,300, taken from 17 registered sales. The mean, which is what most sites call the "average house price", is £388,300, practically level with it: prices here bunch tightly around the middle.
LE14 2 prices by floor area
Per square metre, LE14 2 homes have averaged around £3,380 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Against a national (England and Wales) median of £285,000, LE14 2 runs 34% above it.
A typical LE14 2 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £381,300 | £381,300 | 17 |
| 2025 | £448,000 | £458,713 | 79 |
| 2024 | £322,500 | £342,884 | 92 |
| 2023 | £430,000 | £472,465 | 94 |
| 2022 | £365,000 | £428,004 | 72 |
| 2021 | £406,000 | £514,048 | 95 |
| 2020 | £385,000 | £499,545 | 88 |
| 2019 | £335,000 | £439,105 | 85 |
| 2018 | £316,200 | £421,501 | 80 |
| 2017 | £305,000 | £415,989 | 73 |
| 2016 | £300,000 | £419,703 | 63 |
| 2015 | £285,000 | £402,705 | 75 |
| 2014 | £305,000 | £432,696 | 89 |
| 2013 | £255,000 | £366,920 | 62 |
| 2012 | £272,500 | £401,086 | 50 |
| 2011 | £240,000 | £362,308 | 58 |
| 2010 | £305,000 | £478,319 | 45 |
| 2009 | £285,000 | £458,140 | 52 |
| 2008 | £260,000 | £426,195 | 42 |
| 2007 | £290,500 | £492,769 | 102 |
| 2006 | £268,200 | £465,561 | 80 |
| 2005 | £265,000 | £471,593 | 70 |
| 2004 | £247,000 | £448,600 | 68 |
| 2003 | £195,000 | £359,237 | 78 |
| 2002 | £172,500 | £324,557 | 90 |
| 2001 | £157,000 | £301,824 | 85 |
| 2000 | £140,000 | £274,750 | 89 |
| 1999 | £118,000 | £235,168 | 90 |
| 1998 | £110,000 | £222,043 | 82 |
| 1997 | £97,000 | £198,927 | 91 |
| 1996 | £114,000 | £240,421 | 59 |
| 1995 | £86,000 | £186,951 | 54 |
In cash terms the typical LE14 2 home went from £86,000 in 1995 to £381,300 in 2026, roughly 4 times the price. Inflation explains only part of it: in today's money the rise is still about 104%, a genuine increase in what a home here costs. The real-terms peak came in 2021, and today's median remains roughly 26% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the LE14 2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2025 (+38.9% on the year before); the weakest, 2024 (−25.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What LE14 2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −14.9% | −16.9% |
| 5 years (since 2021) | −1.2% | −5.8% |
| 10 years (since 2016) | +2.4% | −1.0% |
| 20 years (since 2006) | +1.8% | −1.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in LE14 2
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 17 LE14 2 sales across the most recent twelve months of data. Turnover has held fairly steady across the cycle: about 71 sales a year recently, against 83 a year before 2008. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market LE14 2 is
Only 17 sales completed here in the last twelve months of data, which makes LE14 2 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the LE14 district median, LE14 2 sits 18% higher, marking it as a dearer pocket of the district.
The rental side of LE14 2
The local authority for LE14 2 is Melton, and its ONS average private rent currently stands at £791 a month (May 2026 figures). Size sets most of the rent: one-beds average £546 a month here against £1,345 for four or more bedrooms.
Average monthly rent by size, Melton
ONS Price Index of Private Rents, May 2026.
Set against the £381,300 median sold price, £791 a month is £9,492 a year, a gross yield of 2.5%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on LE14 2 (Ashby Folville)
How much did a house sell for in LE14 2 (Ashby Folville)?
Are property prices falling in LE14 2 (Ashby Folville)?
Is LE14 2 (Ashby Folville) a good place to buy a house?
Where do LE14 2 prices go next?
That question has no honest answer, only evidence. The evidence: the median is down 6% over five years in cash but down 26% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
What is for sale in LE14 right now
Turning to what is actually available: 128 homes on the market right now, from 8 agents publishing to HomesIndex.
These cover the whole LE14 district, not just LE14 2: live asking prices are collected per district.
21% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Kings Road, Long Clawson, Melton Mowbray, Leicestershire, LE14
- Church Street, Scalford, Melton Mowbray, Leicestershire, LE14
- Wymondham Way, Melton Mowbray, Leicestershire, LE13
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LE14 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
The price of an extra bedroom in LE
What homes of each size actually sold for across the LE area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £285,000 | £380,000 (+33%) | £560,000 (+47%) | £795,000 (+42%) |
| Semi-detached | £210,000 | £242,000 (+15%) | £282,000 (+17%) | £360,000 (+28%) | £500,000 (+39%) |
| Terraced | £183,000 | £205,000 (+12%) | £243,500 (+19%) | £310,000 (+27%) | £402,500 (+30%) |
| Flat | £125,000 | £152,750 (+22%) | £210,000 (+37%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the LE area is the point: the same five years treated these districts very differently.
Five-year change in the median, LE area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in LE14
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of LE14, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LE14 3 | £262,500 | 50 |
| LE14 4 | £387,500 | 26 |
Zoom out to the full LE14 district report for the type split, monthly volumes and how LE14 compares with its neighbours.
Selling a home in LE14 2? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LE14 2, open the average prices map and zoom from the LE14 2 shading down to the sold homes on your own street. Every recorded LE14 2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim LE14 2.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LE14 2. Free, with a one click sign in.
See every individual LE14 2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.