1, MELTON GATE, WYMONDHAM, NR18 0PQ - £359,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MELTON GATE is a large detached house of 123m², built sometime between 1983 and 1990, which could now be worth an estimated £438,980. It was last sold for £359,500 in March 2020, which was about the average March 2020 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

1 MELTON GATE Sold Prices

Land registry data shows two sales for 1 MELTON GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. One of the two 1 MELTON GATE sales was roughly equal to the average price, whilst the other was for above 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
2020 16 MAR	£359,500	£360,413	Close to HPI
2012 29 JUN	£250,000	£241,156	4% above HPI

1 MELTON GATE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two 1 MELTON GATE sales from June 2012 and March 2020 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 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 1 MELTON GATE be worth now?

1 MELTON GATE might now be worth an estimated £438,980.

This is based on house price inflation of 22.1%, between March 2020 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for 1 MELTON GATE of £359,500 on 16th March 2020. For the value to have increased from £359,500 to £438,980 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MELTON GATE has moved in line with the HPI for detached houses in the South Norfolk local authority area.
• The March 2020 sale price of £359,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MELTON GATE has not materially changed since March 2020.

How Large is 1 MELTON GATE?

1 MELTON GATE is 123m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 MELTON GATE lies on this distribution: 68% of detached houses houses are smaller than 1 MELTON GATE, and 32% of houses are larger. Note that EPC data is not available for all properties in Wymondham.

1 MELTON GATE: Plot and Title Map

1 MELTON GATE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 1 MELTON GATE, 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 MELTON GATE). 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 MELTON GATE?

1 MELTON GATE is located in WYMONDHAM, in the NR18 postcode district. The below map shows the position of No. 1 on MELTON GATE.