11, GARTREE DRIVE, MELTON MOWBRAY, LE13 0AE - £227,000

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.

11 GARTREE DRIVE is a very small extended detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £372,440. It was last sold for £227,000 in March 2014, which was around 7% below the average March 2014 detached price in the Melton local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

11 GARTREE DRIVE Sold Prices

Land registry data shows three sales for 11 GARTREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the three 11 GARTREE DRIVE 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
2014 21 MAR	£227,000	£243,537	7% below HPI
2010 10 NOV	£220,000	£240,315	8% below HPI
1998 20 MAR	£71,000	£100,381	29% below HPI

11 GARTREE DRIVE 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 three 11 GARTREE DRIVE sales between March 1998 and March 2014 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 November 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 11 GARTREE DRIVE be worth now?

11 GARTREE DRIVE might now be worth an estimated £372,440.

This is based on house price inflation of 64.1%, between March 2014 and February 2025, 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 64.1% inflationary increase is applied to the most recent sale price for 11 GARTREE DRIVE of £227,000 on 21st March 2014. For the value to have increased from £227,000 to £372,440 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 11 GARTREE DRIVE has moved in line with the HPI for detached houses in the Melton local authority area.
• The March 2014 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GARTREE DRIVE has not materially changed since March 2014.

How Large is 11 GARTREE DRIVE?

11 GARTREE DRIVE is 66m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 10% of detached houses houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Melton Mowbray, and where 11 GARTREE DRIVE lies on this distribution: 5% of detached houses houses are smaller than 11 GARTREE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

11 GARTREE DRIVE: Plot and Title Map

11 GARTREE DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 11 GARTREE DRIVE, 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 11 GARTREE DRIVE). 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 11 GARTREE DRIVE?

11 GARTREE DRIVE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 11 on GARTREE DRIVE.