| Official Name: | Saxelbye |
| Country: | England |
| Region: | East Midlands |
| Static Image: | South front, St Peters Church, Saxelbye (geograph 2356500).jpg |
| Static Image Caption: | St Peter's Church |
| Civil Parish: | Grimston |
| Shire County: | Leicestershire |
| Shire District: | Melton |
| Constituency Westminster: | Rutland and Melton |
| Os Grid Reference: | SK7021 |
| Post Town: | MELTON MOWBRAY |
| Postcode Area: | LE |
| Postcode District: | LE14 |
| Dial Code: | 01664 |
| Coordinates: | 52.7821°N -0.9636°W |
Saxelbye (or Saxelby) is a small village and former civil parish, now in the parish of Grimston, in the district of Melton in Leicestershire, England. The village lies about three miles to the north-west of Melton Mowbray and is situated on the southern slope of the ridge that makes up the southern boundary of the Vale of Belvoir. In 1931 the parish had a population of 75.[1] On 1 April 1936 the parish of Saxelby was abolished and merged with Grimston.[2]
The very fine Grade II* church with its crocketed spire is dedicated to St Peter.
Webster’s Dairy in Saxelbye, founded in 1883, is one of only six dairies[3] where Stilton cheese is produced.
The Old Dalby Test Track passes close to the village.