1, GRETTON GARDENS, WYMONDHAM, MELTON MOWBRAY, LE14 2BB - £86,240

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRETTON GARDENS is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £174,736. It was last sold for £86,240 in August 2003, which was around 56% below the average August 2003 detached price in the Melton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

1 GRETTON GARDENS Sold Prices

Land registry data shows two sales for 1 GRETTON GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Melton local authority area for the corresponding sale date. Both of the two 1 GRETTON GARDENS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 22 AUG	£86,240	£196,496	56% below HPI
1995 30 JUN	£37,000	£82,956	55% below HPI

1 GRETTON GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The two 1 GRETTON GARDENS sales from June 1995 and August 2003 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1995 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2003 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 1 GRETTON GARDENS be worth now?

1 GRETTON GARDENS might now be worth an estimated £174,736.

This is based on house price inflation of 102.6%, between August 2003 and December 2024, for detached houses, in the Melton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.6% inflationary increase is applied to the most recent sale price for 1 GRETTON GARDENS of £86,240 on 22nd August 2003. For the value to have increased from £86,240 to £174,736 over the twenty years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 GRETTON GARDENS has moved in line with the HPI for detached houses in the Melton local authority area.
• The August 2003 sale price of £86,240 represented a fair market value for the property.
• The size, condition, and specification of 1 GRETTON GARDENS has not materially changed since August 2003.

How Large is 1 GRETTON GARDENS?

1 GRETTON GARDENS is 76m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of detached houses houses in Wymondham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wymondham, and where 1 GRETTON GARDENS lies on this distribution: 11% of detached houses houses are smaller than 1 GRETTON GARDENS, and 89% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

1 GRETTON GARDENS: Plot and Title Map

1 GRETTON GARDENS sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 1 GRETTON GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 GRETTON GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 GRETTON GARDENS?

1 GRETTON GARDENS is located in WYMONDHAM, in the LE14 postcode district. The below map shows the position of No. 1 on GRETTON GARDENS.